FTC antitrust suit against Amazon reportedly coming in September

0
14

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.

This article was originally published by Marketwatch.com. Read the original article here.

Previous article: FTC antitrust suit against Amazon coming in September: report
Next articleEarnings Results: Zscaler stock falls as execs focus on ‘challenging’ environment after beat-and-raise earnings

LEAVE A REPLY

Please enter your comment!
Please enter your name here