{"id":11689,"date":"2023-09-26T16:38:58","date_gmt":"2023-09-26T14:38:58","guid":{"rendered":"https:\/\/costops.com\/index.php\/2023\/09\/26\/ftc-and-17-us-states-accuse-amazon-of-using-its-power-to-inflate-prices\/"},"modified":"2023-09-26T16:38:58","modified_gmt":"2023-09-26T14:38:58","slug":"ftc-and-17-us-states-accuse-amazon-of-using-its-power-to-inflate-prices","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/09\/26\/ftc-and-17-us-states-accuse-amazon-of-using-its-power-to-inflate-prices\/","title":{"rendered":"FTC and 17 US states accuse Amazon of using its power to inflate prices"},"content":{"rendered":"<p>Lawsuit is result of years-long investigation and one of the most significant legal challenges brought against the company<\/p>\n<p>The Federal Trade Commission (FTC) and 17 state attorneys general have sued Amazon, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition.<\/p>\n<p>The lawsuit, filed in US district court for the western district of Washington on Tuesday, is the result of a years-long investigation into Amazon\u2019s businesses and one of the most significant legal challenges brought against the company in its nearly 30-year history.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/sep\/26\/amazon-ftc-price-inflation-lawsuit\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/c2e27797e1ffe40fd217475aaf96adf494eb24a7\/0_132_8640_5185\/master\/8640.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=82be4041a64adae4c6fe514b702ff272\" title=\"FTC and 17 US states accuse Amazon of using its power to inflate prices\" \/>Lawsuit is result of years-long investigation and one of the most significant legal challenges brought against the company<br \/>\nThe Federal Trade Commission (FTC) and 17 state attorneys general have sued Amazon, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition.<br \/>\nThe lawsuit, filed in US district court for the western district of Washington on Tuesday, is the result of a years-long investigation into Amazon\u2019s businesses and one of the most significant legal challenges brought against the company in its nearly 30-year history. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lawsuit is result of years-long investigation and one of the most significant legal challenges brought against the company The Federal Trade Commission (FTC) and 17 state attorneys general have sued Amazon, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition. The lawsuit, filed &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/09\/26\/ftc-and-17-us-states-accuse-amazon-of-using-its-power-to-inflate-prices\/\"> <span class=\"screen-reader-text\">FTC and 17 US states accuse Amazon of using its power to inflate prices<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":11690,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/11689"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=11689"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/11689\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/11690"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=11689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=11689"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=11689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}