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Tag: Amazon

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Amazon sued in US over allegations it inflates online prices and overcharges sellers
US regulators and 17 states have filed a lawsuit against Amazon, accusing the e-commerce giant of abusing its market position to inflate prices and stifle competition. The lawsuit alleges that Amazon engages in anti-competitive practices by discouraging sellers from offering… Read full article
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The Ratings Game: Could a break-up of Amazon be good for the stock? Analysts weigh in after FTC lawsuit.
An analyst downplayed the potential risk if FTC's lawsuit against Amazon — even if the online retailer gets broken up. Read full article
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Cramer says Amazon and Google stocks are still buys, despite antitrust lawsuits
CNBC's Jim Cramer on Tuesday shared his opinions on two antitrust lawsuits involving tech giants Amazon and Alphabet-owned Google. Read full article
13h ago
CNBC
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26.09.2023
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The FTC’s case against Amazon could set a dangerous precedent–and benefit other retailers
The FTC and 17 state attorneys general are accusing Amazon of "exploiting its monopoly power to enrich itself while raising prices and degrading service for its customers." Read full article
18h ago
Fortune
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Why we're looking past the FTC lawsuit to a flurry of bullish developments at Amazon
A slate of positive headlines coming out of Amazon (AMZN) in recent days, makes clear the Club holding has a solid future ahead. Read full article
18h ago
CNBC
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: Amazon sued by FTC, which alleges the company is ‘exploiting its monopoly power’
The FTC filed an antitrust lawsuit against Amazon on Tuesday, the highest-profile case yet in the agency's attempt to rein in Big Tech. Read full article
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Amazon just got sued by 17 states and U.S. regulators for inflating online prices and quashing competition
Amazon CEO Andy Jassy is facing a massive antitrust lawsuit from 17 states and U.S. regulators. Read full article
21h ago
Fortune
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FTC and 17 states sue Amazon on antitrust charges
The lawsuit is a major milestone for FTC Chair Lina Khan, who rose to prominence for her 2017 Yale Law Journal note, "Amazon's Antitrust Paradox." Read full article
21h ago
CNBC
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Jeff Bezos' Blue Origin spaceflight company gets a veteran Amazon executive as a new CEO amid setbacks and delays
Dave Limp, senior vice president of devices and services for Amazon, to become Blue Origin's CEO. Read full article
2d ago
Fortune
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25.09.2023
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: As Amazon Prime Video adds commercials, here’s how streaming services match up on pricing
Amazon joins Netflix and other streamers in adding advertising-supported tiers. Users will have to pay more to avoid ads. Read full article
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Jeff Bezos' Blue Origin to replace CEO Bob Smith with outgoing Amazon exec Dave Limp
Jeff Bezos' Blue Origin will replace CEO Bob Smith with outgoing Amazon exec Dave Limp, CNBC has learned. Read full article
2d ago
CNBC
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Jeff Bezos' Blue Origin to replace CEO Bob Smith with former Amazon exec Dave Limp
Jeff Bezos' Blue Origin will replace CEO Bob Smith with former Amazon exec Dave Limp, CNBC has learned. Read full article
2d ago
CNBC
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: Amazon to invest up to $4 billion in AI startup Anthropic and become minority shareholder
Amazon is aiming to accelerate the development of its future foundation models and make them accessible to customers of its cloud business, AWS. Read full article
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Amazon to invest up to $4 billion in ChatGPT rival Anthropic as it plays catch-up in Generative AI
Anthropic co-founder and CEO Dario Amodei speaks onstage during TechCrunch Disrupt 2023 at Moscone Center on Sept. 20, 2023 in San Francisco. Read full article
2d ago
Fortune
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Amazon to invest up to $4 billion in Anthropic, a rival to ChatGPT developer OpenAI
E-commerce giant Amazon on Monday said it will invest up to $4 billion in Anthropic and take a minority ownership position in the company. Read full article
2d ago
CNBC
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