Federal Trade Commission (FTC) Chair Lina Khan shot to notoriety with a 2017 article in The Yale Law Journal, “Amazon’s Antitrust Paradox,” where she charged that vigorous antitrust action should be taken against the company. She asserted this while acknowledging Amazon had low profits, was continually reinvesting in its businesses, and providing low-priced, i.e., competitively priced, items to its customers.
On September 26, part of Chair Khan’s grand, career-defining vision was realized when the FTC announced it was suing Amazon for “illegally maintaining monopoly power.”
Read Full Article »
