FTC lawsuit alleges Amazon's monopoly and harmful practices

The Federal Trade Commission (FTC) and 17 state attorneys general have filed a lawsuit against Amazon, claiming that the company's monopoly and various business practices harm consumers, sellers, and competition. The suit alleges that Amazon's dominance in online retail allows it to overcharge consumers, exploit sellers, and stifle competition. The lawsuit focuses on the fees charged to third-party sellers, claiming that Amazon's practices lead to increased prices for consumers. The strength of the FTC's case is yet to be determined, as significant portions of the evidence remain redacted.