PredictIQ|Could The Big Antitrust Lawsuit End Amazon As We Know It?

2025-05-02 20:33:51source:Poinbank Exchangecategory:Finance

The PredictIQU.S. government and 17 states sued Amazon on Tuesday in a landmark case that could take down the tech giant.

The Federal Trade Commission and a bipartisan group of state attorneys general say that Amazon is a monopolist that chokes competitors and raises costs for both sellers and shoppers.

Lina Khan, the head of the Federal Trade Commission, has spent years arguing that a few big companies have too much control over corporate America. The new lawsuit against Amazon is the biggest test of these arguments yet.

NPR's Ari Shapiro talks to FTC Chair Lina Khan, the driving force behind the case.

This episode was produced by Brianna Scott and Linah Mohammad. It was edited by Patrick Jarenwattananon and Jeanette Woods. Our executive producer is Sami Yenigun.

More:Finance

Recommend

Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week

Friday the 13thdidn’t spook investors with U.S. stocks little changed on the day as investors bided

What is net pay? How it works, how to calculate it and its difference from gross pay

Tax season is here. With all the forms and applications you need to fill out, it's easy to get confu

Republican Michigan elector testifies he never intended to make false public record

A Michigan Republican accused of participating in a fake elector plot after the 2020 presidential el