Tag Archives: competition

The US Federal Trade Commission (FTC) has initiated a significant antitrust lawsuit against Amazon, joined by 17 state attorneys general, alleging that the online retail giant's actions have led to higher prices for consumers and stifled competition. This move is part of the ongoing effort to address the dominance of Big Tech companies in various aspects of the internet.

Amazon is making a substantial foray into the AI sector with a multi-billion-dollar investment in Anthropic, a prominent player in AI development. This move intensifies the competition with industry giants like Microsoft, Google, and OpenAI, as Amazon seeks to enhance its AI capabilities and bolster its Alexa voice assistant.

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