FTC antitrust suit against Amazon reportedly coming in September


The Federal Trade Commission is set to file an antitrust lawsuit against Amazon.com Inc. AMZN, -0.62% in September after the two sides could not reach a settlement over antitrust claims, according to a Wall Street Journal report, citing people familiar with the matter. Members of Amazon’s legal team held a video call with FTC officials on Aug. 15 during a so-called last-rites meeting, but were unable to agree on concessions, the report said. Amazon declined comment on the report.

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