Washington Prepares For War With Amazon
The Biden administration is planning to take action soon on at least three of its half-dozen investigations of Amazon -- moves that could lead to a blitz of litigation to rein in the iconic tech-industry giant. From a report: The FTC has been investigating the internet titan on multiple fronts dating at least back to 2019, looking into its abuse of power within its online marketplace, as well as potential consumer-privacy violations connected to its Ring cameras and Alexa digital assistant. The agency is also reviewing Amazon's purchase of robot vacuum maker iRobot. Any suit against Amazon would be a high-profile move by the agency under chair Lina Khan, a Big Tech skeptic who rose to prominence with a 2017 academic paper specifically identifying Amazon as a modern monopolist needing to be reined in. Although Amazon has already been hit by local antitrust suits in Washington, D.C. and California, the coming federal cases would be the most significant challenges to the global company yet. The exact timing of any cases or settlements is unknown. POLITICO spoke to more than 10 people with direct knowledge of the investigations by the FTC's competition and consumer protection teams to put together a comprehensive picture of how the agency is now pursuing Amazon, why it didn't take action on the company's most recent major acquisition of One Medical and what is likely to happen in the coming months.
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