FTC Antitrust Suit Against Amazon Set for Later This Month After Meeting Fails to Resolve Impasse
Portfolio Pulse from Charles Gross
The Federal Trade Commission (FTC) is set to file an antitrust lawsuit against Amazon (AMZN) later this month. This comes after a meeting between the two parties failed to resolve their differences.
September 05, 2023 | 9:26 pm
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Amazon is facing an antitrust lawsuit from the FTC, which could potentially impact its business operations and market position.
The FTC's antitrust lawsuit against Amazon could lead to regulatory restrictions or fines, which could negatively impact Amazon's business operations and market position. This could potentially lead to a decrease in Amazon's stock price in the short term.
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IMPORTANCE 80
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