(Reuters) -The U.S. Federal Trade Commission may file a lawsuit later this month against Amazon.com after the company did not offer concessions to settle antitrust claims, the Wall Street Journal reported, citing people familiar with the matter. Amazon and the regulator declined to comment when contacted by Reuters. The probe began during former President Donald Trump's administration when the government decided to investigate Amazon, Google, Meta Platforms and Apple for allegedly breaking antitrust law. Amazon has been criticized for allegedly favoring its own products and disfavoring outside sellers on its platform, among other allegations. FTC chairperson Lina Khan authored a Yale Law Journal article in 2017, in which she said Amazon's structure and practices posed anticompetitive concerns and has escaped antitrust scrutiny.

Source: Wall Street Journal September 05, 2023 22:12 UTC