NewsAP: Amazon sued by FTC & 17 states over allegations it inflates online prices and overcharges sellers

September 26, 2023by 0

AP NEWS reports:
U.S. regulators and 17 states are suing Amazon over allegations the e-commerce behemoth abuses its position in the marketplace to inflate prices — on and off Amazon — overcharge sellers and stifle competition.
The lawsuit, filed Tuesday 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 …

The post AP: Amazon sued by FTC & 17 states over allegations it inflates online prices and overcharges sellers appeared first on The Loadstar.

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