Amazon is facing a major Antitrust Lawsuit from the FTC, which would reshape $AMZN's core operations.
This lawsuit is seen as 'the big one,' with FTC Chair Lina Khan leading the charge. Lina Khan is known for her hardline stance against Amazon, and may push for a radical restructuring of Amazon's business model. The Federal Trade Commission is alleging that the company is using its market power to stifle competition and harm consumers.
If the FTC is successful in its lawsuit, it could force Amazon to change its business practices and make it easier for third-party sellers to compete on the marketplace. The lawsuit could also have a broader impact on the tech industry, as it could signal a more aggressive approach to antitrust enforcement by the FTC.
The lawsuit, which is expected to be filed in the coming weeks, will focus on Amazon's core online marketplace. The FTC is alleging that Amazon is using its control over the marketplace to favor its own products and services, and to disadvantage third-party sellers who do not use Amazon's fulfillment services.
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