Amazon is granted partial settlement in US antitrust case

Amazon has achieved a partial dismissal in a lawsuit filed by the US Federal Trade Commission (FTC), which accuses the retail giant of maintaining illegal monopolies.

According to the FTC indictment, Amazon allegedly employed anti-competitive tactics to dominate both superstores and online marketplaces, Reuters reported on Monday.

Amazon had previously sought to have the case dismissed, arguing that there was insufficient evidence to support the FTC’s claims.

In its complaint last year, the FTC alleged that Amazon hindered competition by pressuring sellers to use its advertising and fulfilment services.

Additionally, the FTC accused Amazon of using an algorithm to raise prices on purchases made by US customers, resulting in extra sales figures exceeding $1 billion.

US District Judge John Chun partially granted Amazon's motion in a sealed ruling after Amazon confirmed it had blocked the algorithm in 2019.

In its motion to dismiss, Amazon argued that its price-matching and Prime shipping services benefit consumers and exemplify its efforts to compete with thousands of online and brick-and-mortar retailers.

Reuters reported that the details of the ruling issued on Monday by the federal court in Seattle were not immediately clear.

The FTC will be allowed to continue pursuing all claims that the judge did not dismiss outright, according to court documents.

Judge Chun also ruled that the case will be tried in two parts, rejecting Amazon's request to have the FTC present evidence of the alleged violations in a single trial.



Share Story:

Recent Stories


The future-ready CFO: Driving strategic growth and innovation
This National Technology News webinar sponsored by Sage will explore how CFOs can leverage their unique blend of financial acumen, technological savvy, and strategic mindset to foster cross-functional collaboration and shape overall company direction. Attendees will gain insights into breaking down operational silos, aligning goals across departments like IT, operations, HR, and marketing, and utilising technology to enable real-time data sharing and visibility.

The corporate roadmap to payment excellence: Keeping pace with emerging trends to maximise growth opportunities
In today's rapidly evolving finance and accounting landscape, one of the biggest challenges organisations face is attracting and retaining top talent. As automation and AI revolutionise the profession, finance teams require new skillsets centred on analysis, collaboration, and strategic thinking to drive sustainable competitive advantage.