![AMAZON SUED BY FTC AND 17 STATES OVER ALLEGATIONS IT INFLATES ONLINE PRICES AND OVERCHARGES SELLERS](https://cdn.magzter.com/1406567956/1695855079/articles/6dZjy6Haf1695985634847/AMAZON-SUED-BY-FTC-AND-17-STATES-OVER-ALLEGATIONS-IT-INFLATES-ONLINE-PRICES-AND-OVERCHARGES-SELLERS.jpg)
The lawsuit, filed this week in federal court in Amazon’s home state of Washington, is the result of a yearslong investigation into the company’s businesses and one of the most significant legal challenges brought against it in its nearly 30-year history.
The Federal Trade Commission and states that joined the lawsuit allege Amazon is violating federal and state antitrust laws. They are asking the court to issue a permanent injunction that they say would prohibit Amazon from engaging in its unlawful conduct and loosen its “monopolistic control to restore competition.”
The complaint accuses the company of engaging in anti-competitive practices through measures that deter sellers from offering lower prices for products on non-Amazon sites, an argument mirroring allegations made in a separate lawsuit filed last year by the state of California.
The lawsuit says Amazon buries listings offered at lower prices on other sites. At the same time, it also charges sellers high fees, forcing merchants to raise their prices on the platform, as well as on other e-commerce sites in order to keep their products competitive on Amazon.
“The complaint sets forth detailed allegations noting how Amazon is now exploiting its monopoly power to enrich itself while raising prices and degrading service for the tens of millions of American families who shop on its platform and the hundreds of thousands of businesses that rely on Amazon to reach them,” FTC Chairman Lina Khan said in a prepared statement.
Seattle-based Amazon.com Inc. said the FTC is “wrong on the facts and the law” and had departed from its role of protecting consumers and competition.
Diese Geschichte stammt aus der Techlife News #622-Ausgabe von Techlife News.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der Techlife News #622-Ausgabe von Techlife News.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
![NASA SAYS MORE SCIENCE AND LESS STIGMA ARE NEEDED TO UNDERSTAND UFOS](https://reseuro.magzter.com/100x125/articles/7185/1753742/xALtuNG7r1720183627750/NASA-SAYS-MORE-SCIENCE-AND-LESS-STIGMA-ARE-NEEDED-TO-UNDERSTAND-UFOS.jpg)
NASA SAYS MORE SCIENCE AND LESS STIGMA ARE NEEDED TO UNDERSTAND UFOS
NASA said this week that the study of UFOs will require new scientific techniques, including advanced satellites as well as a shift in how unidentified flying objects are perceived.
![EUROPEAN UNION ACCUSES FACEBOOK OWNER META OF BREAKING DIGITAL RULES WITH PAID AD-FREE OPTION](https://reseuro.magzter.com/100x125/articles/7185/1753742/V02RKYBN11720183477400/EUROPEAN-UNION-ACCUSES-FACEBOOK-OWNER-META-OF-BREAKING-DIGITAL-RULES-WITH-PAID-ADFREE-OPTION.jpg)
EUROPEAN UNION ACCUSES FACEBOOK OWNER META OF BREAKING DIGITAL RULES WITH PAID AD-FREE OPTION
European Union regulators accused social media company Meta Platforms of breaching the bloc’s new digital competition rulebook by forcing Facebook and Instagram users to choose between seeing ads or paying to avoid them.
![CONFUSED BY ALL THE TIKTOK TRENDS? THIS GLOSSARY MIGHT HELP](https://reseuro.magzter.com/100x125/articles/7185/1753742/zRjaJoYbF1720183343994/CONFUSED-BY-ALL-THE-TIKTOK-TRENDS-THIS-GLOSSARY-MIGHT-HELP.jpg)
CONFUSED BY ALL THE TIKTOK TRENDS? THIS GLOSSARY MIGHT HELP
Anyone who shops or uses the internet probably has encountered a TikTok trend - whether they know it or not.
![CUTTING-EDGE TECHNOLOGY ON SHOW AT EURO 2024 IS CHANGING THE FACE OF SOCCER](https://reseuro.magzter.com/100x125/articles/7185/1753742/V-fSx_N_p1720183175636/CUTTINGEDGE-TECHNOLOGY-ON-SHOW-AT-EURO-2024-IS-CHANGING-THE-FACE-OF-SOCCER.jpg)
CUTTING-EDGE TECHNOLOGY ON SHOW AT EURO 2024 IS CHANGING THE FACE OF SOCCER
From smart-enabled match balls and artificial intelligence to cryogenic recovery chambers, soccer is being transformed by the cuttingedge technology available to players, coaches and officials.
![EVER FEEL EXHAUSTED BY SWIPING THROUGH DATING APPS? YOU MIGHT BE EXPERIENCING BURNOUT](https://reseuro.magzter.com/100x125/articles/7185/1753742/r_y7d8i-g1720183030469/EVER-FEEL-EXHAUSTED-BY-SWIPING-THROUGH-DATING-APPS-YOU-MIGHT-BE-EXPERIENCING-BURNOUT.jpg)
EVER FEEL EXHAUSTED BY SWIPING THROUGH DATING APPS? YOU MIGHT BE EXPERIENCING BURNOUT
While plenty of happy couples can trace their meet-cute moment to an online dating app, many others find the never-ending process of likes, swipes, taps and awkward DMs that go nowhere to be exhausting — leading to a phenomenon known as “dating app burnout.”
![NASA ASTRONAUTS WILL STAY AT THE SPACE STATION LONGER FOR MORE TROUBLESHOOTING OF BOEING CAPSULE](https://reseuro.magzter.com/100x125/articles/7185/1753742/gB-wIEVkt1720182581427/NASA-ASTRONAUTS-WILL-STAY-AT-THE-SPACE-STATION-LONGER-FOR-MORE-TROUBLESHOOTING-OF-BOEING-CAPSULE.jpg)
NASA ASTRONAUTS WILL STAY AT THE SPACE STATION LONGER FOR MORE TROUBLESHOOTING OF BOEING CAPSULE
Two NASA astronauts will stay longer at the International Space Station as engineers troubleshoot problems on Boeing’s new space capsule that cropped up on the trip there.
![JAPAN SUCCESSFULLY LAUNCHES AN ADVANCED EARTH OBSERVATION SATELLITE ON ITS NEW FLAGSHIP H3 ROCKET](https://reseuro.magzter.com/100x125/articles/7185/1753742/F_UTr3gdS1720182360085/JAPAN-SUCCESSFULLY-LAUNCHES-AN-ADVANCED-EARTH-OBSERVATION-SATELLITE-ON-ITS-NEW-FLAGSHIP-H3-ROCKET.jpg)
JAPAN SUCCESSFULLY LAUNCHES AN ADVANCED EARTH OBSERVATION SATELLITE ON ITS NEW FLAGSHIP H3 ROCKET
Japan successfully deployed an upgraded Earth observation satellite for disaster response and security after it was launched on a new flagship H3 rocket Monday.
![US NEW-VEHICLE SALES BARELY ROSE IN THE SECOND QUARTER AS BUYERS BALKED AT STILL-HIGH PRICES](https://reseuro.magzter.com/100x125/articles/7185/1753742/_poKLCc2o1720182160375/US-NEWVEHICLE-SALES-BARELY-ROSE-IN-THE-SECOND-QUARTER-AS-BUYERS-BALKED-AT-STILLHIGH-PRICES.jpg)
US NEW-VEHICLE SALES BARELY ROSE IN THE SECOND QUARTER AS BUYERS BALKED AT STILL-HIGH PRICES
U.S. new-vehicle sales rose only slightly in the second quarter, despite larger discounts and slightly lower prices.
![GOOGLE FALLING SHORT OF IMPORTANT CLIMATE TARGET, CITES ELECTRICITY NEEDS OF AI](https://reseuro.magzter.com/100x125/articles/7185/1753742/vkix7noQA1720181909923/GOOGLE-FALLING-SHORT-OF-IMPORTANT-CLIMATE-TARGET-CITES-ELECTRICITY-NEEDS-OF-AI.jpg)
GOOGLE FALLING SHORT OF IMPORTANT CLIMATE TARGET, CITES ELECTRICITY NEEDS OF AI
Three years ago, Google set an ambitious plan to address climate change by going “net zero,” meaning it would release no more climatechanging gases into the air than it removes, by 2030.
![AS AI GAINS A WORKPLACE FOOTHOLD STATES ARE TRYING TO MAKE SURE WORKERS DON'T GET LEFT BEHIND](https://reseuro.magzter.com/100x125/articles/7185/1753742/oDvnVkoj21720181727989/AS-AI-GAINS-A-WORKPLACE-FOOTHOLD-STATES-ARE-TRYING-TO-MAKE-SURE-WORKERS-DONT-GET-LEFT-BEHIND.jpg)
AS AI GAINS A WORKPLACE FOOTHOLD STATES ARE TRYING TO MAKE SURE WORKERS DON'T GET LEFT BEHIND
With many jobs expected to eventually rely on generative artificial intelligence, states are trying to help workers beef up their tech skills before they become outdated and get outfoxed by machines that are becoming increasingly smarter.