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FTC antitrust suit against Amazon coming in September: report

Clyde Edgerton by Clyde Edgerton
September 5, 2023
in Markets
FTC antitrust suit against Amazon coming in September: report
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The Federal Trade Commission is set to file an antitrust lawsuit against Amazon.com Inc.
AMZN,
-0.62%
in September after the two sides could not reach a settlement over antitrust claims, according to a Wall Street Journal report, citing people familiar with the matter. Members of Amazon’s legal team held a video call with FTC officials on Aug. 15 during a so-called last-rites meeting, but were unable to agree on concessions, the report said.



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