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Amazon sued by FTC and 17 states over allegations it inflates online prices, overcharges sellers
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Amazon is being sued by U.S. regulators and 17 states over allegations that the company abuses its position in the marketplace to inflate prices on other platforms, overcharge sellers and stifle competition. The lawsuit, filed Tuesday in U.S. District Court for the Western District of Washington, is the result of a years-long investigation into Amazon’s businesses and one of the most significant legal challenges brought against the company in its nearly 30-year history. Seattle University Law Professor John Kirkwood gives insight into the lawsuit and what happens next. READ MORE: https://www.king5.com/article/money/business/amazon-sued-by-ftc-and-17-states-over-allegations-it-inflates-online-prices-and-overcharges-sellers-ecommerce/507-af750596-8538-41bb-82d1-ce08f2d79520
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