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US sues Amazon.com for breaking antitrust law and harming consumers
(www.reuters.com)
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This is the best summary I could come up with:
WASHINGTON, Sept 26 (Reuters) - The U.S. Federal Trade Commission filed a long awaited antitrust lawsuit against Amazon.com on Tuesday, and asked the court to consider forcing the online retailer to sell assets to stop what it said was ongoing harm to consumers.
The lawsuit had been expected after years of complaints that Amazon.com and other tech giants abused their dominance of search, social media and online retailing to become gate keepers on the most lucrative aspects of the internet.
Structural relief in antitrust jargon generally means a company sells an asset, such as a part of its business.
FTC Chair Lina Khan said that Amazon had used illegal tactics to fend off companies that would have risen to challenge its monopoly.
During the Trump administration which ended in 2021, the Justice Department and FTC opened probes into Google, Facebook, Apple and Amazon.
The Justice Department has sued Google twice - once under Republican Donald Trump regarding its search business and a second time on advertising technology since Democratic President Joe Biden took office.
The original article contains 621 words, the summary contains 174 words. Saved 72%. I'm a bot and I'm open source!
Some key missed points from the summary:
And it certainly does. The first results are always sponsored then Amazon basic versions of available.
On that note does it piss anyone else off that even Prime subscribers can't turn off sponsored search results? Fucking ridiculous! I'm sure there's a script when browsing on PC but I'm usually browsing on my phone.