{"id":86004,"date":"2023-09-27T00:09:27","date_gmt":"2023-09-27T04:09:27","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=86004"},"modified":"2023-09-26T23:28:19","modified_gmt":"2023-09-27T03:28:19","slug":"ftc-and-17-states-sue-amazon-on-antitrust-charges","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2023\/ftc-and-17-states-sue-amazon-on-antitrust-charges.html","title":{"rendered":"FTC and 17 states sue Amazon on antitrust charges"},"content":{"rendered":"\n<p>(CNBC) The Federal Trade Commission <a rel=\"noreferrer noopener\" href=\"https:\/\/www.ftc.gov\/news-events\/news\/press-releases\/2023\/09\/ftc-sues-amazon-illegally-maintaining-monopoly-power\" target=\"_blank\">has filed<\/a> its long-anticipated antitrust lawsuit against <a href=\"https:\/\/www.cnbc.com\/quotes\/AMZN\/\">Amazon<\/a>. In a sweeping complaint filed in federal court in Seattle on Tuesday, the FTC and attorneys general from 17 states accused Amazon of wielding its \u201cmonopoly power\u201d to inflate prices, degrade quality for shoppers and unlawfully exclude rivals, thereby undermining competition.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/09\/26\/ftc-and-17-states-sue-amazon-on-antitrust-charges.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The Federal Trade Commission has filed its long-anticipated antitrust lawsuit against Amazon. In a sweeping complaint filed in federal court in Seattle on Tuesday, the FTC and attorneys general from 17 states accused Amazon of wielding its \u201cmonopoly power\u201d [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-86004","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=86004"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86004\/revisions"}],"predecessor-version":[{"id":86006,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/86004\/revisions\/86006"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=86004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=86004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=86004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}