The lawsuits against Amazon and Google.
Tangle
Isaac Saul
4.8 • 672 Ratings
🗓️ 5 October 2023
⏱️ 31 minutes
🧾️ Download transcript
Summary
The Amazon and Google lawsuits. Last week, the Federal Trade Commission (FTC) filed an antitrust lawsuit against Amazon, accusing the company of monopolizing the online retail space. The FTC alleges that Amazon, worth $1.3 trillion, prevents its sellers from offering their products more cheaply on other platforms, forces sellers to use its warehouses and delivery services, and sometimes inflates costs both for consumers and sellers. It began investigating Amazon in 2019, during the Trump administration.
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Transcript
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