FTC vs. Amazon: Biden Administration Joined by 17 States in Antitrust Suit

Dear Client: In a highly anticipated, 170-page lawsuit filed Tuesday, the Federal Trade Commission has officially come for Amazon.  Court watchers anticipated the suit, which was filed in Seattle federal court, for months, according to a story by the Wall Street Journal. The agency, headed by chair Lina Khan, accuses the online retailer giant of antitrust activity that “keeps prices artificially high, locks sellers into its platform and harms its rivals,” per story,  Of course, the lawsuit comes at a