(CTN News) – In a meeting next week, Amazon.com (AMZN.O) is expected to meet with the United States Commission of Federal Trade (FTC) ahead of the expected filing of a long-awaited antitrust lawsuit against Amazon.com, according to a source familiar with the matter.
Amazon has been the subject ofthe Trump administration took office. There have been allegations that Amazon favors its own products and disfavors outside sellers on its among other relation to the company.
The company deniesIn general, the FTC meets with companies after lengthy investigations before deciding whether or not to file a lawsuit against
far as the FTC’s involvement in the planned meeting is concerned, they declined to comment.
A number of investigations were conducted by the Justice Department and the Federal Trade Commission (FTC) during the Trump administration into four tech giants – Alphabet’s Google, Meta’s (META.O) Facebook, Apple’s (AAPL.O) and Amazon’s (AMZN.O).
There was also a major report by a House panel that was dedicated to discussing the dominance of these four companies in their respective fields.
The Justice Department has now sued Alphabet’s Google twice, once in relation to its search business, and once in relation to its advertising technology business.
Meta’s Facebook. In all three cases, trial has not yet taken place in
it of enlisting millions of consumers under its paid subscription Prime service without their consent and making it difficult for them to cancel their subscription.
In its response to the FTC’s allegations, Amazon called and unlawful.
The Federal Trade Commission announced on May 31 that it had reached a $5.8 million settlement with Amazon’s Ring doorbell cameraclaimed the cameras had been used to spy on some of the company’s customers.
failing to delete Alexa recordings at the request of parents and keeping them longer than necessary.