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Amazon Faces Potential Antitrust Lawsuit From FTC As Regulators Scrutinize Big Tech

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The logo of Amazon is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2023. REUTERS/Gonzalo Fuentes/File Photo
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Overview

  • Amazon is meeting with FTC officials as the agency considers an antitrust case against the company.
  • The FTC has investigated Amazon's business practices for potential anticompetitive behavior.
  • A lawsuit would challenge aspects of Amazon's e-commerce dominance.
  • U.S. regulators have heightened concerns about the power of major technology companies.
  • An antitrust case could have significant implications for Amazon's operations and the tech industry.