Updated Nov. 2, 2023 3:47 pm ET
Amazon.com executives discussed how its pricing policies had a “punitive aspect” on sellers, according to internal documents quoted in newly unredacted portions of the Federal Trade Commission’s monopoly lawsuit against the company.
The commission also claimed that Amazon intentionally destroyed two years’ worth of encrypted internal text messages to thwart the FTC’s investigation, and said that Amazon knowingly raised the number of irrelevant ads on its website to boost profits.
Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8