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

    The Federal Trade Commission and 17 states accuse Amazon of suffocating rivals and raising costs for both sellers and shoppers. The lawsuit could be existential for the company.
    by Alina Selyukh Sep 26, 2023 3 minutes
    Amazon delivery trucks are parked in Richmond, Calif., on June 21.
    Updated September 26, 2023 at 12:40 PM ET

    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 raises costs for both sellers and shoppers.

    The FTC, tasked with protecting U.S. consumers and market competition, argues that Amazon punishes sellers for offering lower prices elsewhere on the internet and pressures

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