Amazon could fall under FTC for anti-trust related cases

Following an agreement between the Federal Trade Commission (FTC) and the Department of Justice (DOJ), e-commerce giant Amazon could fall under FTC’s jurisdiction on anti-trust subjects.

According to The Washington Post, this “kind of arrangement brokered between the DOJ and the FTC typically presages more serious antitrust scrutiny,” The Verge reported on Monday.

The news comes after reports broke on Friday evening that the DOJ is preparing an anti-trust investigation into Google’s search business.

Those reports noted that the FTC launched its own investigations against Google in 2011, which resulted in a civil penalty and which was later closed in 2013.

View more…

Leave a Reply

Your email address will not be published. Required fields are marked *