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    Michael Hiltzik: The FTC is right about Amazon's monopolistic practices, but struggles with what to do about them

    Few Amazon customers or sellers could be surprised by most of the allegations in the massive lawsuit filed against the company Tuesday by the Federal Trade Commission and 17 states. The lawsuit accuses Amazon of a host of anti-competitive practices, all aimed at exploiting its enormous footprint in the online retail market. These include price manipulation and punitive and coercive behavior ...
    by Michael Hiltzik, Los Angeles Times Sep 28, 2023 5 minutes
    Amazon.com founder and CEO Jeff Bezos presents the company's first smartphone, the Fire Phone, on June 18, 2014 in Seattle.

    Few Amazon customers or sellers could be surprised by most of the allegations in the massive lawsuit filed against the company Tuesday by the Federal Trade Commission and 17 states.

    The lawsuit accuses Amazon of a host of anti-competitive practices, all aimed at exploiting its enormous footprint in the online retail market.

    These include price manipulation and punitive and coercive behavior against sellers with the temerity to use competing retail platforms or to set their own prices or engage in non-Amazon methods to serve their own customers.

    Then there's the degradation of the Amazon shopping experience by the infusion of "sponsored" — that is, favored — products that may be inferior or more expensive than those a buyer may be seeking.

    The company's is that it would result in "fewer products to choose from, higher prices, slower deliveries for consumers, and reduced options for small businesses," its

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