FTC Gears up to Sue Amazon

FTC Gears up to Sue Amazon

FTC Gears up to Sue Amazon
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Retail Bum

Retail Bum

Retail Bum

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The U.S. Federal Trade Commission (FTC) is preparing to file a lawsuit against Amazon, according to the Wall Street Journal.

While it remains unclear what areas of Amazon’s business the FTC is planning to target, the regulator has previously criticized the eCommerce giant for favoring its products over those sold by third-party sellers. In addition, the company is currently being scrutinized for the bundling options it offers to its Prime customers.

The news comes just over a month after Amazon settled three probes with the EU over its use of sellers’ data, which saved the company from paying a fine amounting to up to 10% of its global turnover.

Last August, FTC denied Amazon’s request not to have its CEO Andy Jassy and Executive Chairman Jeff Bezos testify at the agency’s investigative hearings focused on its Prime program’s sign-up and cancellation processes.

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