FTC plans to file a huge antitrust suit against Amazon: Bloomberg

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The FTC plans to file a huge antitrust suit against Amazon, accusing it of punishing sellers who don't pay to use its logistics services, report says

The Federal Trade Commission plans to file an antitrust suit against Amazon which could potentially land in the coming weeks,The lawsuit is expected to focus on the allegation that Amazon uses its power to punish third-party sellers on its online marketplace who don't use the company's logistics services, including warehousing and shipping, Bloomberg reported.

The FTC has gathered evidence showing that the company disadvantages sellers who choose not to use Amazon's services, Bloomberg reported. The FTC is also investigating an algorithm that chooses which sellers are given a so-called"Buy Box" on Amazon's website, which customers can click on to add items to their cart.FTC investigators and the office of chair Lisa Khan have been fine-tuning the lawsuit for months, two of the people told Bloomberg.

 

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