News / 'Monopolistic' Amazon comes under fire in US antitrust lawsuit

© Dmitrii Melnikov

Is the writing on the wall for Amazon? According to the Federal Trade Commission (FTC), and the attorney generals in 17 US states, the etailer has a monopoly which it uses to harm its millions of customers.

In the lawsuit filed yesterday, the FTC and the states claim: “Amazon is a monopolist. It exploits its monopolies in ways that enrich Amazon, but harm its customers: both the tens of millions of American households who regularly shop on Amazon’s online superstore and ...