Amazon Reportedly Meeting With FTC Ahead of Possible Antitrust Lawsuit




Amazon is meeting with the Federal Trade Commission next week to discuss a potential antitrust lawsuit that could break up the online retail giant.

The meeting is a final chance for Amazon to make its case before the agency’s commissioners, headed by Chair Lina Khan, vote on whether to pursue a lawsuit, according to the New York Times.

The FTC has been investigating Amazon for years. Critics say the company’s has abused its power by favoring its own services and products over competitors that use its platform, something the company has denied.

A lawsuit would challenge one of the biggest companies in the world, a juggernaut that offers retail services, hosts websites, sells security cameras and smart speakers, provides healthcare and produces movies and shows through its MGM Studios arm. On the physical retail side, it also owns grocery store chain Whole Foods and a number of its own Amazon-branded stores.

Both Amazon and the FTC declined to comment on the reports.

The FTC investigation is just one of many looking the various Big Tech companies, including Meta and Google parent Alphabet.

In June, the FTC filed a separate lawsuit against Amazon accusing it of duping consumers into unknowingly enrolling in its Prime subscription service.

This potential upcoming lawsuit could have even larger ramifications on the company.

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