Amazon may quickly have one other downside on its palms. In accordance with Bloomberg, New York lawyer basic Letitia James is partnering along with her counterpart in California and the Federal Commerce Fee to research the web retailer. Bloomberg stories the three companies will work collectively to interview witnesses over the subsequent couple of weeks.
We knew the FTC and lawyer basic of California have been investigating Amazon earlier than at the moment’s report. However the addition of New York’s AG and the very fact it is working along with the 2 different companies represents an escalation. In accordance with Diana Moss, the president of the American Antitrust Institute, the transfer may be the prelude to vital antitrust motion.