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The Federal Trade Commission and 17 states said they filed a lawsuit against Amazon for “illegal conduct” in its online store and services to merchants, which stifled competition.
The antitrust lawsuit against the e-commerce behemoth is the result of a years-long investigation into Amazon’s businesses competition.
The US government and 17 states are suing Amazon in a landmark monopoly case reflecting years of allegations that the e-commerce giant abused its economic dominance and harmed fair competition.
The Federal Trade Commission, led by longtime Amazon critic Lina Khan, finally makes its move. The Federal Trade Commission thinks the Everything Store is an illegal monopoly, and it’s suing the company to stop it.
Jeff Bezos’ space tourism and rocket company is getting a new chief executive officer, with a longtime Amazon executive set to take over.
With its investment of up to $4 billion, Amazon is seeking a bigger footprint in A.I. development, one already established by rivals like Microsoft and Google.
We may not have flying cars, but we do have the Roomba. One model of this famous robo-vacuum is on sale for almost 30% off for a limited time, and it’s a cleaning upgrade that anyone who needs one less chore to worry about will want to take advantage of (myself included).
Amazon said on Monday that it’s investing up to $4 billion into the artificial intelligence company Anthropic in exchange for partial ownership and Anthropic’s greater use of Amazon Web Services (AWS),
Seeking to raise revenue, Amazon said that U.S. subscribers to its streaming service could opt for an ad-free version for an extra $2.99 per month.
PALM CITY, Fla. (AP) — An Amazon driver is in serious condition after being bitten by a rattlesnake while making a delivery to a Florida home, officials said Tuesday.
The Federal Trade Commission and 17 state attorney generals filed an antitrust lawsuit against Amazon on Tuesday, alleging the e-commerce behemoth uses its position in the marketplace to inflate prices on other platforms,
The FTC chair’s antitrust interpretations have met with little success so far, but the e-commerce giant is clearly abusing the market.
Luzineide Marques da Silva knows the location of each of the 748 rubber trees in the Brazilian Amazon that she and her family have rights to tap for latex.
The Federal Trade Commission and 17 states accuse Amazon of suffocating rivals and raising costs for both sellers and shoppers. The lawsuit could be existential for the company.
Here’s why the United States government says Amazon is an illegal monopoly and how the lawsuit could change shopping on Amazon.
Amazon is facing antitrust claims from the Federal Trade Commission and states including New York and Pennsylvania, alleging the retailer is operating an unlawful monopoly.
The legal challenge, filed in a federal court in Washington state, will be a defining cornerstone of the Biden administration’s pledge to curb the power of the nation’s largest tech companies.
The Federal Trade Commission is suing Amazon over alleged anticompetitive business practices in a long-awaited lawsuit against the massive online retailer and platform. Why it matters: A win for the FTC, led by Democrat Lina Khan, could fundamentally alter the way Amazon's business operates.
Whether you’re needing to scrub your kitchen counters, looking for a new living room rug or hoping to find a smart shoe storage solution, there’s a good chance Amazon has something that can help. The online retailer has tons of different home finds ...
The Federal Trade Commission has filed a lawsuit against Amazon accusing the company of illegally maintaining monopoly power.
Luzineide Marques da Silva knows the location of each of the 748 rubber trees scattered in her area of the Brazilian Amazon, where she and her family hold rights to tap the
The FTC has sued a range of big tech companies in recent years, but its new lawsuit accusing Amazon of being a “monopolist” was among the agency’s most hotly anticipated moves.
US regulators have sued Amazon, alleging that the internet giant is illegally maintaining monopoly power. The Federal Trade Commission (FTC) said Amazon uses "a set of interlocking anticompetitive and unfair strategies" to push up prices and stifle competition.
The U.S. Federal Trade Commission filed a long-awaited antitrust lawsuit against Amazon.com on Tuesday, charging the online retailer with harming consumers with higher prices in the latest U.S. government legal action aimed at breaking Big Tech's dominance of the internet.
Like many of its competitors, the streaming service will be offering a more expensive ad-free plan, costing an extra $2.99 a month. Currently, it costs $14.99 a month to subscribe to the service, which includes free delivery on physical products ordered through the site.
A Florida Amazon driver was hospitalized Monday after being bitten by a “highly venomous” snake while making a delivery, deputies said.
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
Amazon invests $4B in Anthropic to create secure AI models. The deal leverages AWS's custom silicon and positions the company to compete in the evolving AI industry.
WASHINGTON, Sept 26 (Reuters) - Federal Trade Commission Chair Lina Khan - whose agency filed a long-awaited antitrust lawsuit against Amazon.com (AMZN.O) on Tuesday - published a major academic article in 2017 arguing the online retailer had escaped ...
The driver immediately became ill, called out for help and was transported to a hospital in very serious condition.
Amazon is being sued by U.S. regulators and 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 Federal Trade Commission and 17 state attorneys general filed a suit on Tuesday against Amazon, alleging that the company is engaging in anticompetitive practices that have pushed other companies out of the marketplace.
High-stakes case puts e-commerce giant in sights of agency chair Lina Khan’s aggressive antitrust stance
Walt Disney (DIS): Shares of the entertainment companies were lower around midday after writer
Amazon Prime Video will include advertising during shows and movies starting early next year, joining other streaming services that have added different tiers of subscriptions.
Christmas is coming, and Amazon is prepping for the big shopping rush by offering jobs to 250,000 people, along with an investment of $1.3 billion for increasing its wages.
An ad-free option will cost Amazon Prime members an extra $2.99 a month.
The recently-struck deal between the Teamsters and UPS seems appealing to Amazon delivery drivers who make less. UPS drivers receive a $170,000 salary in their newly negotiated contracts, which was an increase from $95,000 previously. Teamsters represented ...
The e-commerce giant is weighing how to respond as rivals Shein and Temu notch rapid growth by stressing low prices, not fast shipping.
The Federal Trade Commission disclosed new details in its lawsuit against Amazon.com involving an alleged scheme to enroll customers unwittingly in the company’s Prime program.
The FTC and 17 state attorney generals filed an antitrust lawsuit against Amazon — the latest government attempt at breaking Big Tech’s dominance of the internet.
Jeff Bezos’ space company Blue Origin is replacing its CEO Bob Smith with longtime Amazon executive Dave Limp, who planned to retire from his hardware boss spot in December, according to
Amazon announced it will begin requiring users of Kindle Direct Publishing to disclose if artificial intelligence was used to generate any of their content.
I think it puts Amazon in this situation where they’r going to have to decide if they want to keep quality drivers or not.”
Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.
Once such opportunity? Today! This 2-pack of emergency fire blankets from Mart Cobra is available on Amazon for 18% off. Pick up this bestselling bundle and join thousands of others in the comfort of knowing you have the tools to defend your home in an emergency.
AI bias might not be a threat and here’s why. Amazon, Google dominated their markets, but there will likely be many AI platforms with none of them having that kind of power.
As part of the investment, Amazon will get a minority position in Anthropic, and Amazon Web Services users will gain access to the startup’s latest AI-powered language model, Claude.
Amazon Prime Video members will no longer get to enjoy ad-free streaming — unless they want to cough up $2.99 more per month.
ChatGPT’s new voice feature can also narrate bedtime stories, settle debates at the dinner table, and speak out loud text input from users.