AstraX Exchange-Could The Big Antitrust Lawsuit End Amazon As We Know It?

2025-05-04 07:49:45source:Zopes Exchangecategory:Markets

The AstraX ExchangeU.S. government and 17 states sued Amazon on Tuesday in a landmark case that could take down the tech giant.

The Federal Trade Commission and a bipartisan group of state attorneys general say that Amazon is a monopolist that chokes competitors and raises costs for both sellers and shoppers.

Lina Khan, the head of the Federal Trade Commission, has spent years arguing that a few big companies have too much control over corporate America. The new lawsuit against Amazon is the biggest test of these arguments yet.

NPR's Ari Shapiro talks to FTC Chair Lina Khan, the driving force behind the case.

This episode was produced by Brianna Scott and Linah Mohammad. It was edited by Patrick Jarenwattananon and Jeanette Woods. Our executive producer is Sami Yenigun.

More:Markets

Recommend

Car bomb kills senior Russian general in Moscow: Officials

LONDON -- A car bomb in Moscow has killed a senior Russian military officer, Russian officials said.

Brianna Chickenfry LaPaglia Speaks Out After Detailing Zach Bryan’s Alleged Emotional Abuse

Brianna LaPaglia is feeling the support.Hours after detailing alleged abuse she suffered during her

Federal judge denies motion to recognize Michael Jordan’s NASCAR teams as a chartered organization

AVONDALE, Ariz. (AP) — A federal judge on Friday denied a motion by two NASCAR teams — one owned by