FTC, 17 States File Antitrust Lawsuit Against Amazon Over Prices, Fees

The Federal Trade Commission and 17 states accused Amazon of illegally protecting a monopoly over swaths of online retail by squeezing merchants and favoring its own services, in the government’s most significant challenge to the power of the e-commerce giant and one that could alter the way Americans shop online for everything from toilet paper to electronics. In a highly anticipated lawsuit, the FTC and state attorneys general from New York and other states said that Amazon had stopped merchants on its platform from offering lower prices elsewhere and forced them to ship products with its logistics service if they wanted to be offered as part of its Prime subscription bundle.