Amazon will reportedly fall under antitrust oversight from the FTC
US retail giant Amazon, including the US Department of Justice, including an antitrust case, said to be examined for monopoly.
The Washington Post says Amazon will be under the FTC mandate following an agreement between the US Department of Justice and the Federal Trade Commission (FTC). This move may result in further investigation of the retail giant Amazon, as the Ministry of Justice is preparing its own case against Google.
The Washington Post did not openly state what the FTC had on Amazon, but said that such an arrangement between the Ministry of Justice and the FTC often reveals more serious antitrust reviews. Although the newspaper did not officially speak with the FTC or any of the Ministry of Justice, he contacted the former head of the FTC, Maureen Ohlhausen. Ohlhausen, “If there is such a discussion, there is a reason,” he used the words.
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The news came on Friday evening after the Ministry of Justice reported that it was preparing an antitrust investigation on Google’s search business. Stakeholder reports also noted that the FTC launched its own research against Google in 2011 and 2013, resulting in different ways. Calls for further investigation into the commercial practices of leading technology companies in the country have steadily increased last year. Indeed, some European regulators and leading Democratic presidential candidates have filed lawsuits on behalf of companies such as Amazon, Apple, Facebook and Google to understand what’s going on, their impact on the market, and practices in their businesses.
In February, the FTC announced a new task force designed to investigate anti-competitive behavior among technology giants in the US technology sector, while also planning to impose a $ 1 billion fine on Facebook for privacy practices.