US antitrust case against Amazon to move forward


FILE PHOTO: A view shows the logo of Amazon at the Amazon Fulfillment Center during a media tour ahead of the holiday season in Tepotzotlan, Mexico, December 13, 2023. REUTERS/Gustavo Graf/File Photo/File Photo

(Reuters) - The U.S. Federal Trade Commission's case accusing Amazon of stifling competition in online retail will move forward, though some of the states that sued alongside the agency had their claims dismissed, court documents showed.

U.S. District Judge John Chun in Seattle unsealed his ruling from Sept. 30, which dismissed some of the claims brought by attorneys general in New Jersey, Pennsylvania, Maryland and Oklahoma.

Last year, the FTC alleged Amazon.com, which has 1 billion items in its online superstore, was using an algorithm that pushed up prices U.S. households paid by more than $1 billion. Amazon has said in court papers it stopped using the program in 2019.

The FTC has accused the online retailer of using anti-competitive tactics to maintain dominance among online superstores and marketplaces.

Amazon asked Chun to dismiss the case in December, saying the FTC had raised no evidence of harm to consumers.

The judge said in his ruling that he cannot consider Amazon's claims that its actions benefited competition at this early stage in the case.

(Reporting by Jody Godoy in New York; Editing by Andrea Ricci)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Broadcom signs long-term deal to develop Google’s custom AI chips
OpenAI urges California, Delaware to investigate Musk's 'anti-competitive behavior’
Nvidia acquisition of SchedMD sparks worry among AI specialists about software access
Netflix debuts new 'Playground' gaming app for kids
Amazon strikes deal with USPS that maintains 80% of package volume
New Jersey cannot regulate Kalshi's prediction market, US appeals court rules
Investors press Amazon, Microsoft and Google on water, power use in US data centers
Oracle hires Schneider Electric's Maxson as CFO amid AI spending boom
US ends probe into Tesla remote driving feature after software updates
Smaller is better in Silicon Valley’s ‘tiny team’ moment

Others Also Read