US FTC’s antitrust probe of Amazon picks up speed under new boss

The agency has been looking at Amazon since 2019 over antitrust concerns with its retail business and cloud computing services. — Reuters

The US Federal Trade Commission has revamped its antitrust probe of Amazon.com Inc, shaking up the investigative team, re-interviewing potential witnesses and asking questions about the company’s recent acquisition of MGM Studios, three people familiar with the probe said.

The agency has been looking at Amazon since 2019 over antitrust concerns with its retail business and cloud computing services. Lina Khan, who became chair of the agency last year, had made a name for herself with a groundbreaking legal paper into Amazon’s potential antitrust violations and has taken a personal interest in the probe.