Amazon Slid 2% in Premarket Trading As FTC Finalized a Lawsuit to Break It up
Tiger Newspress2023-07-26
Amazon.com slid 2% in premarket trading as FTC finalized a lawsuit to break it up.
The U.S. Federal Trade Commission is finalizing its long-awaited antitrust lawsuit against Amazon in a move that could ultimately break up parts of the company, the wide-ranging lawsuit is expected as soon as August and will likely challenge a host of Amazon's business practices.
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