For Immediate Release
September 26, 2023
Contact: press@accountabletech.org
Accountable Tech Communications Director Bianca Recto released the following statement Tuesday in response to the historic lawsuit filed by the FTC and 17 state attorneys general against Amazon:
“For years, Amazon has abused its monopoly power to maintain dominance, engaging in a wide range of anticompetitive behavior that squeezes small businesses, stifles innovation, degrades the quality of services for consumers, and ultimately drives up the costs of goods across the economy – all while portraying themselves as uniquely obsessed with serving their customers and raking in record profits. Until now, they have done so with impunity.
Today’s lawsuit filed by the FTC and state attorneys general is a watershed moment. We applaud these regulators for bringing this case, which signals a historic commitment to holding Big Tech monopolists accountable, protecting consumers, and fostering free and fair market competition across the digital economy.”
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