FTC v. Amazon: Experts See Failure of Amazon Rival Jet.com as Valuable to Agency’s Case

Published on Dec 06, 2023

The FTC’s recently unredacted Amazon (AMZN) antitrust complaint revealed the name of the company—rival discount e-commerce website Jet.com—that the agency said the tech giant ran out of business by wielding its dominance in online retail. “Amazon predicted that Jet’s business model could allow Jet to consistently beat Amazon on price,” according to the unredacted complaint, […]

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