FOR IMMEDIATE RELEASE
For media inquiries, please contact: Reggie Rucker, ILSR Communications Director
“A strong monopoly lawsuit deserves its day in court,” says Ron Knox
WASHINGTON, D.C. (October 08, 2024) – Ron Knox, senior researcher and policy advocate at the Institute for Local Self-Reliance (ILSR), issued the following statement on the news that a federal judge denied Amazon’s attempt to dismiss the Federal Trade Commission’s (FTC) monopolization and unfair competition lawsuit against the company:
“Judge John Chun’s decision to deny Amazon’s motion to dismiss, and to instead send the case to trial, sends an important message to Amazon and to other abusive monopolies: A strong monopoly lawsuit deserves its day in court, and any attempt to get a well-pleaded case thrown out prior to trial will likely fail.
“Judge Chun’s ruling is yet another sign that federal judges across the country are recognizing the importance of hearing well-pleaded monopolization cases at trial, where all evidence of a company’s alleged abusive conduct can be properly heard.
“The ruling also marks yet another victory for the FTC in its ongoing work to take on abusive monopolies, stop harmful mergers, and challenge predatory corporate power across the economy.”
See below for additional resources from ILSR on the dangers of Amazon’s monopoly power:
- Latest report on seller fees: Amazon’s Monopoly Tollbooth in 2023
- Issue brief: How Amazon Exploits and Undermines Small Businesses, and Why Breaking It Up Would Revive American Entrepreneurship
- Deeper dive: Amazon’s Toll Road
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