According to a news release sent by the agency, the FTC and states that joined the lawsuit are asking the court to issue a permanent injunction court that they say would prohibit Amazon from engaging in its unlawful conduct and loosen its “monopolistic control to restore competition.”
“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 statement.
[This is Lina Khan’s Great White Whale, even more so than her pursuit of Twitter/X and Elon Musk. There’s not much doubt that the outcomes of Amazon’s domination are monopolistic, but for the most part those developed organically rather than through acquisitions. We’ll have more on this to come, surely. — Ed]
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