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The FTC is now targeting Amazon in a new antitrust suit, alleging it’s running an illegal monopoly, with Lina Khan saying the e-commerce giant’s tactics deprive rivals of the ability to gain customers. But Amazon might actually now be facing more competition than ever - including from upstarts like Shopify, which just announced an investment in wholesale platform Faire, further entrenching Shopify as an Amazon alternative for sellers.
By CNBC4.5
6262 ratings
The FTC is now targeting Amazon in a new antitrust suit, alleging it’s running an illegal monopoly, with Lina Khan saying the e-commerce giant’s tactics deprive rivals of the ability to gain customers. But Amazon might actually now be facing more competition than ever - including from upstarts like Shopify, which just announced an investment in wholesale platform Faire, further entrenching Shopify as an Amazon alternative for sellers.

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