FTC takes more conservative approach in Amazon case
It finally happened. The Federal Trade Commission and 17 states (though, not Washington) filed a lawsuit against Amazon.
The Seattle company has been in the crosshairs of federal regulators for years, and the suit has wide-reaching implications for the online retail, cloud computing, grocery, and entertainment giant.
This is the biggest test yet of FTC Chair Lina Khan’s vision for a more progressive antitrust enforcement agenda, what critics have knocked as “hipster antitrust.”
But the 172-page complaint is more rooted in tradition than some had predicted.
"The lawsuit was a little more conservative than I think some people expected," said New York Times technology reporter Karen Weise.
"I think the FTC has lost a number of cases now related to, for example, acquisitions and things like that," Weise said. "And so it seems like they were taking a more cautious approach in many senses."
Listen to Soundside’s full conversation with Karen Weise by clicking the play icon at the top of this story.