Amazon Seeks Dismissal of FTC Antitrust Lawsuit

The company argues that the FTC has confused 'common retail practices' with anticompetitive conduct, and defends its pricing and seller policies.

Amazon has asked a federal court to dismiss a US government antitrust lawsuit, arguing that the Federal Trade Commission (FTC) has confused 'common retail practices' with anticompetitive conduct.
The FTC lawsuit accuses Amazon of using illegal strategies to boost profits, including an algorithm named Project Nessie that allegedly pushed up prices by more than $1 billion.
Amazon claims that Project Nessie was discontinued in 2019 and that the company matches other companies’ lowest prices.
The FTC has criticized Amazon’s decision to require sellers under the company’s Prime feature to use its logistics and delivery services, even though many preferred to use a cheaper service or one that would also serve customers on other platforms.
Amazon argues that it competes with other online superstores like Walmart and Target, as well as a range of stores with specialized markets such as Best Buy, Home Depot, Kroger, Costco, Staples, Walgreens, Nike and Apple.