Amazon will allegedly fall under the antitrust oversight of the FTC
Amazon will allegedly fall under the jurisdiction of the Federal Trade Commission following an agreement between the FTC and the Ministry of Justice, The Washington Post . The move can provide increased control for the retail giant, just after DOJ has drawn up its own case against Google.
Posten Posten says that it is not immediately clear what plans the FTC has for Amazon, but notes that this type of event that reports between the Ministry of Justice and the FTC usually requires serious anti-trust control. Posten did not receive comments from Amazon, DOJ or FTC about the news, it spoke to former FTC manager Maureen Ohlhausen, who said that if such discussions are underway, "it would indicate that there is reason to The discussion, whether there is a new interest, study or investigation. "
The news comes after the reports broke Friday night that DOJ is preparing an antitrust investigation on Google's search business. These reports noted that the FTC launched its own investigations against Google in 201[ads1]1 (which resulted in a civil punishment) and in 2013 (which was closed, and would take a seat back to the Ministry of Justice this time.
Request more business practice scrutiny in The country's major technological companies have been steadily growing in the past year – European regulators and prominent democratic presidential candidates have made the case breaking up companies such as Amazon, Apple, Facebook and Google, citing its great influence in the marketplace and their business practices. FTC a new working group to investigate competitive behavior among technology giants in the US technology sector, while also and has been looking for a majority of dollars against Facebook for privacy practices.