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The US Federal Trade Commission (FTC) and a bipartisan group of 17 states launched an antitrust lawsuit against Amazon.com. The suit alleges the company has illegally used monopoly power to restrict competition among online platforms, effectively preventing third-party sellers on Amazon from doing business on their own terms on competing platforms, while at the same time favoring Amazon’s own products and products of third-party sellers that enroll in Amazon’s premium search and logistics services. Most basically, the FTC argues that a “single company, Amazon, has seized control over much of the online retail economy.”
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