According to the Wall Street Journal, tech giant Amazon may soon face an antitrust lawsuit by the Federal Trade Commission (FTC). Amazon has, for years, faced criticism for its business model which is seen by regulators and (some) politicians as "anticompetitive" – whether it is the accusation of preferencing its own products in its online store, or that the bundling of Prime services that allows it unique competitive advantages compared to its competitors.
Information about a potential FTC suit comes exactly a year after Senator Amy Klobuchar (D-MN) tabled the American Innovation and Choice Online Act, a piece of legislation targeting big tech firms for antitrust and "consumer choice" violations. As a policy analyst for an organization that has "consumer choice" in its name, I find it important to set the record straight on many of the claims made about these types of antitrust actions.
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