Monopoly busting lawsuit against Amazon expected next week

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Monopoly busting lawsuit against Amazon expected next week
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The FTC has been investigating the company for more than four years.

The FTC circulated a draft of the complaint widely to state AG offices, two of the people said, though they declined to identify the specific states.

In August, Amazon lawyers and executives met with Khan and the other two Democratic commissioners in a. The so-called last rights meeting, conducted virtually on Aug. 15, failed to persuade the commissioners. Amazon felt it did not have enough information about the FTC’s allegations in order to offer concessions to avoid a lawsuit, according to a separate person with knowledge of the matter.The FTC’s lawsuit would just be the latest challenge to face Amazon. California and Washington, D.C.

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