In Amazon We Don’t Trust
The Federal Trade Commission (FTC) and 17 states are suing Amazon in a landmark monopoly case that could change the future of “big tech” companies as we know them. 🧑⚖️
The 172-page complaint alleges Amazon unfairly promotes its own platform and services at the expense of third-party sellers who use its e-commerce marketplace for distribution. Despite the unfair practices, the company’s dominance in e-commerce gives sellers little choice but to accept its terms. And that ultimately results in higher prices and a worse consumer experience. 📝