The Globe and Mail reports in its Wednesday edition that the U.S. Federal Trade Commission filed a long-awaited antitrust lawsuit against Amazon on Tuesday and asked the court to consider forcing the on-line retailer to sell assets. A Reuters dispatch to The Globe says that the FTC accused Amazon of fighting efforts by sellers on its on-line marketplace to offer products more cheaply on other platforms. Amazon forces sellers to use its warehouses and delivery services, inflating costs for consumers and sellers, the FTC said. Amazon is a monopoly and misuses its powers, according to the FTC, which quotes a seller as saying, "We have nowhere else to go and Amazon knows it." The lawsuit had been expected after years of complaints that Amazon and other tech giants abused their dominance of search, social media and on-line retailing to become monopolistic gatekeepers of the Internet. The need to take action against Big Tech has been one of the few ideas Democrats and Republicans have agreed on, and the FTC chief has been particularly concerned about Amazon's power. The lawsuit, which was joined by 17 state attorneys-general, follows a four-year investigation and federal lawsuits filed against Google and Facebook.
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