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Lina Khan’s Federal Trade Commission lays out an expansive case against the ecommerce giant’s business empire...

This is an audio transcript of the FT News Briefing podcast episode: ‘The FTC is primed for Amazon’[MUSIC PLAYING]Marc Filippino Good morning from the Financial Times. Today is Wednesday, September 27th, and this is your FT News Briefing...

The Federal Trade Commission and 17 state attorneys general filed suit against Amazon.com on Tuesday, alleging the e-commerce giant used its monopoly power to “inflate prices, degrade quality and stifle innovation for consumers and businesses.” The post FTC, 17 states file antitrust suit against Amazon appeared first on FreightWaves...

With litigation likely to move forward and take a long time to resolve, the question that remains is whether Amazon really needs to worry about the FTC action. The Federal Trade Commission joined 17 state attorneys general in making allegations that Amazon has monopoly power and uses many anti-competitive and unfair strategies to maintain it. The lawsuit focuses not as much on Amazon's size as on what it does that allegedly prevents competitors from being successful...

Federal Trade Commission Chair Lina Khan's years-long push to challenge the power of Amazon.com reached a turning point on Tuesday when her agency filed a sweeping antitrust lawsuit against the online retailer. In 2017, Khan wrote an influential academic article arguing the company's structure and practices posed anticompetitive concerns and had escaped antitrust scrutiny. "With its missionary zeal for consumers, Amazon has marched toward monopoly by singing the tune of contemporary antitrust," Khan, then 29, wrote in the Yale Law Journal...

High-stakes case pits the e-commerce giant against agency chair Lina Khan’s aggressive antitrust stance...

This week, Amazon (AMZN), filed presubmittal documents with Mesa’s planning office for two separate data centers about four miles apart in southeast Mesa. Both proposed projects would be built on land already owned by Amazon...

The U.S. Federal Trade Commission’s monopoly lawsuit against Amazon.com filed on Tuesday poses perhaps the biggest legal test so far for the platoons of lawyers who have defended the technology giant for years against allegations of antitrust and consumer protection violations. The long-awaited FTC case against Amazon, joined by 17 state attorneys general, accuses the company of abusing its dominance as an online retailer to thwart competitors and harm sellers and customers that rely on its platform. Kevin Hodges, a partner at law firm Williams & Connolly, was the first member of Amazon's defense team identified in a court document in the case...

Dave Limp will replace current Blue Origin CEO Bob Smith in December...

U.S. lawmakers are on a strict timeline to avoid a government shutdown and pass a new federal spending bill by October 1. Senator Ron Johnson (R-Wi.) joins Yahoo Finance Live to critique recurring shutdown woes and outline several legislative solutions to this problem. "If there's such dysfunction, you don't fund government, you don't fund a particular agency, you don't shut it down — you just continue funding it at last year's level until you do get your act together," Sen. Johnson says. "These government showdowns are ridiculous. they cost the government money. you always end up with some measured [continuing resolution]." Sen. Johnson calls for "discipline" between both congressional houses in passing appropriation bills. The senator also comments on Amazon's (AMZN) antitrust suit filed by the FTC, Speaker McCarthy's leadership, Former President Trump's comments on spending, and President Biden's overall economic policy. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...