FTC's antitrust lawsuit against Amazon scheduled for October 2026 trial
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The Federal Trade Commission (FTC) has scheduled an October 2026 trial for its antitrust lawsuit against Amazon. The lawsuit, filed on September 26, accuses Amazon of operating an illegal monopoly by impeding sellers from offering lower prices on other platforms. The trial date was set by US District Judge John Chun in response to the four-year investigation. The FTC is seeking a permanent injunction to halt anti-competitive practices and has raised the possibility of divesting parts of Amazon's business. Amazon argues that the FTC has misconstrued standard retail practices as anti-competitive behavior and has failed to demonstrate harm to consumers. The FTC alleges that Amazon used an algorithm called "Project Nessie" to increase prices for US households by over $1 billion, but Amazon denies these claims and states that it stopped using the algorithm years ago. The legal battle highlights the complexity of antitrust regulations in the digital age.

#Ftc #Amazon #AntitrustLawsuit #Trial #Monopoly #E-commerce

https://www.wionews.com/business-economy/ftcs-antitrust-lawsuit-against-amazon-scheduled-for-october-2026-trial-690168