
‘Amazon is a monopolist’: FTC, 17 states claim price hikes, manipulation
The Federal Trade Commission and 17 states are suing Amazon, alleging the tech and e-commerce giant hurts consumers by illegally creating a monopoly.
Read about online retailer Amazon.com and founder Jeff Bezos. Topics include Amazon Prime and Amazon Fresh; Amazon Original /Amazon Studios streaming TV; Amazon Web Services; its South Lake Union headquarters and other Seattle offices; Kindle readers, Fire tablets, Fire TV, Echo and Alexa; its e-commerce competitors; and Bezos’ Washington Post ownership and Blue Origin space venture.
The Federal Trade Commission and 17 states are suing Amazon, alleging the tech and e-commerce giant hurts consumers by illegally creating a monopoly.
Blue Origin, the closely held Kent-based spaceflight company founded by Jeff Bezos, is replacing its chief executive officer witha veteran Amazon executive.
Amazon is investing up to $4 billion in AI startup Anthropic and taking a minority stake in the company, underscoring how companies are pouring money...
Amazon announced Friday it would begin playing advertisements on its Prime Video TV shows and movies starting early next year.
Ads are coming to Amazon Prime Video next year. Members of Amazon Prime can pay $2.99 per month in the U.S. to keep their service...
The abrupt reversal suggests Amazon is being more cautious about how much money it extracts from online sellers amid an escalating antitrust investigation.
Generative AI — the buzzy new artificial intelligence — will usher in the next generation of technology for customers, Amazon said at its annual devices...
Amazon will hire 250,000 new employees for its warehouses and fulfillment network this holiday season, including 7,000 in Washington.