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Tuesday, June 25, 2024

U.S. sues Amazon in a monopoly case that could be existential for the retail giant

U.S. regulators and 17 states sued Amazon on Tuesday in a pivotal case that could prove existential for the retail giant. In the sweeping antitrust lawsuit, the Federal Trade Commission and a bipartisan group of state attorneys general paint Amazon as a monopolist that suffocates competitors and …

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