FTC Chair Defends Decision to Pursue Antitrust Lawsuit Against Amazon, Highlights Monopoly Power’s Impact on Sellers

Federal Trade Commission (FTC) Chair Lina Khan defended the agency’s antitrust lawsuit against Amazon, emphasizing how the company’s monopoly power enabled it to impose a 50% tax on sellers. Khan stated that the lawsuit aims to protect free and fair competition and denied claims of punishing large companies for their success. The complaint alleges that Amazon has monopolized the online superstore market, offering an unmatched variety and selection of products. Khan highlighted the importance of considering aggregated harms resulting from Amazon’s scale to fully restore competition. Amazon, which dominates the U.S. e-commerce market, has argued that it competes with various online and offline retailers.