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The Amazon antitrust lawsuit is likely to be a long and arduous journey for the FTC

By HALELUYA HADERO
AP Business Writer

NEW YORK (AP) — The Federal Trade Commission’s long-awaited antitrust lawsuit against Amazon is the most aggressive move it has taken yet to tame the market power of a company that’s become synonymous with online shopping and fast deliveries. Under chair Lina Khan, the FTC hasn’t been shy about taking big swings against some of American’s biggest companies in an effort to snuff out monopolistic behavior. But that approach has also led to some high-profile setbacks, most notably in its bid to block acquisitions by Microsoft and Meta. Now, the FTC must prove in court both that Amazon is a monopoly and is using its dominance to prevent competition from flourishing in the marketplace. A final decision in Amazon case will likely come years down the road.

Article Topic Follows: AP National News

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