The FTC’s Uphill Battle Against Amazon
For the better part of the past decade, there has been talk of the U.S. government coming down hard on Big Tech. Upset and frightened by how a handful of companies have grabbed so much power, lawmakers and regulators have tried to sound tough about doing the hard work to protect the public. At least based on the early battles to date, the bark has been worse than the bite. Earlier this week, the FTC announced its long-awaited antitrust lawsuit against Amazon. The online retailer is said to be a monopoly via its digital storefront and seller marketplace. The FTC is going to need as much luck as possible to win this one.
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