Tag: US FTC

NEW DELHI: The US Federal Trade Commission on Tuesday filed a long-awaited antitrust lawsuit against Amazon.com, days after similar lawsuits were filed against Alphabet's Google and Meta Platforms' Facebook.According to reports US regulators and 17 states alleged that Amazon's policies inflate online prices and stifle competition.It also charged the online giant with "harming consumers" with prices.The lawsuit marks the latest US government action aimed at breaking Big Tech's dominance of the internet.It had been expected after years of complaints that Amazon.com and other tech giants abused their dominance...