Learn more

Amazon.com Inc (NASDAQ:AMZN) secured a partial dismissal in a lawsuit filed by the U.S. Federal Trade Commission on Monday. The FTC accused Amazon of maintaining illegal monopolies. What Happened: The FTC’s lawsuit claims Amazon employs anti-competitive practices to dominate online marketplaces. In December, Amazon requested U.S. District Judge John Chun to dismiss the case, arguing the FTC failed to show consumer harm, reported Reuters. Judge Chun’s ruling, issued under seal, partially granted Amazon’s motion. Court records indicate the FTC can still pursue claims not permanently dismissed. C…

cuu