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It’s a reality that Senate Minority Leader Mitch McConnell called “completely unfair,” as federal workers feel the brunt of lawmakers' inability to agree on a plan to fund the government. A shutdown occurs when Congress can’t pass legislation to fund the government before the start of the fiscal year. The Office of Management and Budget directs each federal agency to create a shutdown contingency plan reviewable on its website that identifies essential workers and services. Government shutdowns have become familiar to many federal workers, with the last shutdown ending in 2019. Other federal employees may hold jobs that are considered essential and may be required to work without pay during a shutdown.

Persons: shutdowns, hasn’t, Matt Gaetz, Joe Biden, Mitch McConnell, Shutdowns haven’t, Benjamin Civiletti Organizations: Management, Budget, Government, Congressional, Postal Service, District of Columbia, Social Security, Transportation Security Administration, White Locations: Florida, furloughs, District

☆ Exclusive: Carta is suing yet another former employee to prevent the release of damaging recordings of its executives and board members
▼ + stars: | 2023-09-28 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +3 min

Tech unicorn Carta filed a lawsuit in the Northern District of California in August against its former Chief Product Officer Heidi Johnson, demanding she turn over secret recordings of the company's top executives and board members. It's the second time the company has gone to federal court in order to prevent the release of what it says are damaging recordings. In court documents reviewed by Insider, Carta states that Johnson was fired in November 2022 for having a "polarizing" management style and for taking unauthorized leave. Shortly after her termination, both Johnson and Talton filed complaints with the company's board raising issues about her firing and the conduct of CEO Henry Ward. Additionally, Carta is seeking monetary damages from Johnson for breach of contract with the amount to be determined at trial.

Persons: Carta, Heidi Johnson, It's, Johnson, Andreessen Horowitz, Jerry Talton, Talton, Henry Ward, Lindaur, Emily Kramer Organizations: Northern District of, Lightspeed, New York's Southern, Carta Locations: Northern District, Northern District of California, Silicon, New York's, New York's Southern District, Carta

☆ Supreme Court charts rightward path in new term
▼ + stars: | 2023-09-28 | by ( John Kruzel | ) www.reuters.com time to read: +5 min

People line up in the rain outside of the U.S. Supreme Court in Washington April 29, 2014. Circuit Court of Appeals, whose staunch conservatism rivals that of the Supreme Court. The justices this term could hear five or more appeals of 5th Circuit rulings. The cases test whether the Supreme Court will go as far as the 5th Circuit. "My instinct is that the Supreme Court will not go this far in most of these cases," Chemerinsky said.

Persons: Gary Cameron, Joe Biden's, Amy Coney Barrett, Donald Trump's, Erwin Chemerinsky, Chemerinsky, Roman Martinez, John Roberts, pare, Martinez, Steve Schwinn, Schwinn, John Kruzel, Andrew Chung, Will Dunham Organizations: U.S, Supreme, REUTERS, Rights, Financial Protection Bureau, Securities and Exchange Commission, SEC, Democratic, New, Circuit, Republican, University of California Berkeley Law, Constitution, Congress, University of Illinois, Thomson Locations: Washington, New Orleans, U.S, University of Illinois Chicago, Texas, New York

☆ EEOC sues Tesla alleging widespread racist harassment of Black workers, retaliation against those who spoke out
▼ + stars: | 2023-09-28 | by ( Lora Kolodny | ) www.cnbc.com time to read: +2 min

Equal Employment Opportunity Commission (EEOC) has sued Tesla accusing Elon Musk's electric car maker of violating "federal law by tolerating widespread and ongoing racial harassment of its Black employees and by subjecting some of these workers to retaliation for opposing the harassment." The federal agency responsible for enforcing civil rights laws against workplace discrimination announced it was filing suit against Tesla on Thursday. Last year, a financial filing from Tesla revealed that the EEOC had issued a cause finding against the company. After that, Tesla engaged in a mandatory conciliation process with the EEOC the filing said. The lawsuit (EEOC v Tesla, Inc., Case No.

Persons: Tesla, Elon, Owen Diaz, Read Organizations: Tesla Inc, Opportunity Commission, Tesla, CNBC, Inc, Northern, Northern District of Locations: Fremont , California, U.S, California, Northern District, Northern District of California

Tesla has failed to investigate complaints of racist conduct and has fired or otherwise retaliated against workers who reported harassment, the EEOC said in the lawsuit. The lawsuit adds federal charges to discrimination claims by the state of California and lawsuits by Tesla employees. It follows the breakdown of settlement talks with the EEOC after Tesla announced that the agency had formally raised its concerns last year. The department alleges that Tesla discriminated against Black workers when making decisions about pay, promotions and work assignments. Tesla is also facing a class action lawsuit in California state court over the alleged mistreatment of Black factory workers.

Persons: Tesla, Charlotte Burrows, Stephen Lam, Burrows, ”, Owen Diaz, Diaz, Black, Daniel Wiessner, Leslie Adler, Daniel Wallis, Alexia Garamfalvi, Aurora Ellis Organizations: Tesla, U.S, Tesla Inc, Opportunity Commission, Motorists, REUTERS, California Civil Rights Department, Thomson Locations: Fremont , California, U.S, California, Fremont, Black, Albany , New York

☆ Guns, agency power cases loom as US Supreme Court charts rightward path
▼ + stars: | 2023-09-28 | by ( John Kruzel | ) www.reuters.com time to read: +5 min

People line up in the rain outside of the U.S. Supreme Court in Washington April 29, 2014. Circuit Court of Appeals, whose staunch conservatism rivals that of the Supreme Court. The cases test whether the Supreme Court will go as far as the 5th Circuit. "My instinct is that the Supreme Court will not go this far in most of these cases," Chemerinsky said. "I think the 5th Circuit has taken positions that the most conservative justices will accept, but I would be surprised to see a majority for these positions."

☆ Cliven Bundy Still Defies Federal Government - The New York Times
▼ + stars: | 2023-09-27 | by ( Christopher Ketcham | ) www.nytimes.com time to read: +1 min

“He calls himself a patriot, and says he loves America,” Mr. O’Neill told The Times. “And yet he says he won’t follow any federal laws. The agency won’t discuss why Mr. Bundy has been allowed to run roughshod over rules other ranchers follow or how much he owes in fees and fines to federal taxpayers. As for Mr. Bundy, he did not respond to a request for an interview. He pointed to a recent article in The Las Vegas Sun that said that Mr. Bundy “was quoted in 2018 saying that if B.L.M.

Persons: Alan O’Neill, Mr, Bundy, ” Mr, O’Neill, Vincent Easely II, Bundy “, ’, Easely Organizations: Recreation Area, Times, Facebook, Las Vegas Sun Locations: Mead, Las

☆ Gen X isn't financially prepared for retirement
▼ + stars: | 2023-09-27 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +8 min

New York CNN —Gen Xers are now in their 40s and 50s and account for about a fifth of the US population. And the median amount that Gen X households have in retirement savings — meaning half have less, half have more — is just $40,000. “Retirement savings for Generation X is highly concentrated among the highest earners,” the report notes. Nevertheless, the average Gen X retirement savings balance (nearly $130,000 for individuals and $243,000 for households) suggests that many higher earners may not be saving enough, if those savings are intended to be one’s main source of income in retirement. Also, changes to an existing Saver’s Credit may help lower income Gen Xers.

Persons: Xers, ”, Tyler Bond, Gen Xers, Stark, Rowe Price, —, “ Organizations: New, New York CNN, Boomers, National Institute on Retirement Security, Social Security, Social, Fidelity, Vanguard Locations: New York

In volatile trading, the U.S.-listed shares of several cannabis firms rose immediately after the Senate vote. Investors expected it to exit the banking committee. An earlier version of the bill, the SAFE Banking Act, had failed to secure a Senate vote despite being passed seven times by the U.S House of Representatives. As a result, legal cannabis companies are denied access to financial services. To get it through the Senate banking committee is a major achievement," Boris Jordan, billionaire founder of Curaleaf Holdings, said in an interview.

Persons: Chris Wattie, Jesse Redmond, Redmond, We've, it's, Boris Jordan, Jordan, Chibuike Oguh, Suzanne McGee, Michelle Price, Lance Tupper, Bill Berkrot Organizations: Canopy Growth Corporation, REUTERS, U.S, U.S . Senate, Aurora, Cronos, SNDL Inc, Curaleaf Holdings, Tilray, Cannabis ETF, Cannabis, Tower Research, Investors, SAFE, Thomson Locations: Smiths Falls , Ontario, Canada, U.S, New York, Bengaluru

☆ Amazon has a poor man’s monopoly
▼ + stars: | 2023-09-27 | by ( Lauren Silva Laughlin | ) www.reuters.com time to read: +3 min

The $1.3 trillion retailer run by Andy Jassy was sued on Tuesday by the U.S. Federal Trade Commission for alleged anticompetitive practices. She rose to prominence after publishing a paper in the Yale Law Journal in 2017 titled “Amazon’s Antitrust Paradox,” which painted the e-commerce giant as a sprawling monopoly that has gone unchecked by traditional antitrust policing. But Chinese competitors like Shein and Temu, which have different cost structures, are starting to encroach on Amazon’s market. It's possible that Khan and the FTC can nail Amazon in court for behaviors that in the past have given it an exclusive edge. Follow @thereallsl on XCONTEXT NEWSThe U.S. Federal Trade Commission filed an antitrust lawsuit against Amazon.com on Tuesday, asking the court to consider forcing the online retailer to sell assets.

Persons: Andy Jassy, Lina Khan, EBITDA, Walmart’s, hasn’t, Khan, Jonathan Guilford, Sharon Lam Organizations: Reuters, U.S . Federal Trade Commission, Yale Law, Investors, Walmart, Foods, Amazon.com, Alphabet's Google, Thomson Locations: Arkansas, It’s

Tipton, an appointee of Republican former President Donald Trump, blocked the Biden administration from enforcing the $15 minimum wage in Texas, Louisiana and Mississippi, states that last year filed a lawsuit challenging the executive order. The minimum wage under federal law is $7.25 an hour, though many states set higher minimums. Four states and several cities have a minimum wage of at least $15. Only Congress can set minimum wages and adopt other employment policies unless it specifically grants those powers to federal agencies, Tipton wrote. In January, a federal judge in Arizona dismissed a similar challenge to Biden's executive order by five other Republican-led states.

Persons: Joe Biden, Evelyn Hockstein, Drew Tipton, Donald Trump, Biden, Tipton, Lynn Fitch, Daniel Wiessner, Will Dunham, Alexia Garamfalvi Organizations: Moffett Federal, REUTERS, District, Democratic, Republican, U.S, Supreme, Thomson Locations: Mountain View , California, U.S, Texas, Victoria, Tipton, Texas , Louisiana, Mississippi, Arizona, Albany , New York

☆ Fourth Suspect in Fentanyl Day Care Death Arrested in Mexico
▼ + stars: | 2023-09-26 | by ( Chelsia Rose Marcius | More About Chelsia Rose Marcius | ) www.nytimes.com time to read: +1 min

A man wanted in connection with the fatal fentanyl poisoning of a 1-year-old boy at a Bronx day care this month was arrested in Mexico on Tuesday by federal agents, local and federal law enforcement officials said. Earlier on Tuesday, New York Police Department Chief of Detectives Joseph Kenny said that Mr. Herrera had been on the run for nearly two weeks after fleeing the home-based day care on Sept. 15. Mr. Herrera, who has not yet been charged, is the fourth person to be arrested in connection with the death of the boy, Nicholas Feliz Dominici. The police worked with federal and Mexican officials to capture Mr. Herrera, officials said. Officials had expected Mr. Herrera to attempt to return to the Dominican Republic, where he is from.

Persons: Felix Herrera, Joseph Kenny, Mr, Herrera, Nicholas Feliz Dominici, Kenny Organizations: New York Police Department, Police, , New York Police Department Chief Locations: Mexico, ,, Texas, Dominican Republic

U.S. District Judge Thomas Thrash during a hearing denied a request by Edward Blum's American Alliance for Equal Rights for a preliminary injunction blocking Fearless Fund from considering applications for grants only from businesses led by Black women. Blum's group had asked the judge to temporarily block the Fearless Fund's "racially exclusive program" while the court considered the merits of the case. Fearless Fund founders Arian Simone and Ayana Parsons in a joint statement said they were pleased that Thrash rejected Blum's attempt to shut down their grant program. According to the Fearless Fund, businesses owned by Black women in 2022 received less than 1% of the $288 billion that venture capital firms deployed. It also provides grants, and Blum's lawsuit took aim at its Fearless Strivers Grant Contest, which awards Black women who own small businesses $20,000 in grants and other resources to grow their businesses.

Persons: Edward Blum, Thomas, Edward Blum's, Blum, Arian Simone, Ayana Parsons, Simone, Parsons, JPMorgan Chase, Strivers, Nate Raymond, Will Dunham, Alexia Garamfalvi Organizations: Fair, Harvard University, Supreme, U.S, District, Edward Blum's American Alliance for Equal Rights, Circuit, Appeals, University of North, JPMorgan, Bank of America, MasterCard, U.S ., Thomson Locations: Atlanta, Texas, University of North Carolina, Black, U.S . Civil, Boston

However, it is not clear that even those bills can advance amid deep divisions within the House Republican conference. McCarthy is expected to face yet another test of his leadership on Tuesday as House GOP leadership has indicated that they plan to hold a procedural vote on a rule to advance those measures. The expected vote comes after hardliners tanked a similar procedural vote for a defense bill last week in a major embarrassment for the House GOP leaders. If they include Ukraine funding, GOP Sen. Rand Paul of Kentucky has threatened to slow down the bill’s passage. Legislative text of a Senate stopgap bill has not yet been formally unveiled.

Persons: Kevin McCarthy, McCarthy, tanked, Chuck Schumer, Mitch McConnell, there’s, GOP Sen, Rand Paul of, Schumer, we’ve, ”, ” McCarthy Organizations: CNN, Defense and Homeland Security, Republican, House Republican, GOP, Federal Aviation Administration, FAA Locations: Ukraine, Rand Paul of Kentucky

Trump and Meadows tried to challenge the former president's election loss in several states. Both are under indictment in Georgia for what prosecutors have called an illegal conspiracy to overturn the results. In her book, Hutchinson writes that starting in mid-December, Meadows wanted a fire burning in his office every morning. She said one day when Republican Rep. Devin Nunes of California came to meet with Meadows, the congressman asked Hutchinson to open the windows in Meadows' office because it was smoky. Giuliani denied the allegation in an interview on Newsmax last week, calling it “absolutely false, totally absurd.”“First, I'm not going to grope somebody at all.

Persons: —, Donald Trump’s White, Mark Meadows, ” Cassidy Hutchinson, Trump, ” Hutchinson, Meadows, Hutchinson, Devin Nunes, Rudy Giuliani, She, Giuliani, ”, I'm Organizations: Donald Trump’s White House, Associated Press, White, U.S . Capitol, Trump, National Archives, Republican, Capitol, New York City Mayor, Newsmax Locations: Georgia, California, Meadows, “, New York, Washington

The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. The FTC said that it was asking the court to issue a permanent injunction ordering Amazon.com to stop its unlawful conduct. Other allegations include that Amazon gave preference to its own products on its platforms over competitors also on the platform. During the Trump administration which ended in 2021, the Justice Department and FTC opened probes into Google, Facebook, Apple and Amazon. The FTC sued Facebook during the Trump administration and Biden's FTC has pressed forward with the lawsuit.

Persons: Pascal, Lina Khan, Khan, Trump, Republican Donald Trump, Joe Biden, Diane Bartz, Chris Sanders, Matthew Lewis, Nick Zieminski Organizations: REUTERS, Rights, U.S . Federal Trade Commission, Amazon.com, Amazon, Alphabet's, Google, Facebook, FTC, The Yale Law, Apple, Big Tech, Republicans, Justice Department, The, Republican, Democratic, Thomson Locations: Lauwin, France, Seattle

☆ Trump says he is buying Glock handgun at South Carolina event
▼ + stars: | 2023-09-25 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Former US President and 2024 Presidential hopeful Donald Trump delivers remarks at a Team Trump Iowa Commit to Caucus event in Maquoketa, Iowa, on September 20, 2023. Former President Donald Trump said he wanted to purchase a Glock handgun Monday at a campaign stop in South Carolina. But his campaign later told NBC News that Trump did not actually end up completing the purchase. Trump, the front-runner for the 2024 Republican presidential nomination, this year has been indicted in four separate criminal cases. Cheung's brief video was taken at Palmetto State Armory, a gun store in Summerville, South Carolina, during an unscheduled campaign stop.

Persons: Donald Trump, Steven Cheung, Trump, Cheung Organizations: Team Trump Iowa, NBC News, Trump, Palmetto State Armory Locations: Maquoketa , Iowa, South Carolina, Texas, New York, Summerville , South Carolina

☆ Third arrest made in connection with suspected fentanyl overdose death of 1-year-old boy, exposure of 3 other children at Bronx day care center
▼ + stars: | 2023-09-25 | by ( Mark Morales | ) edition.cnn.com time to read: +3 min

New York CNN —A third person has been arrested and was charged in federal court Monday in connection with the death of a 1-year-old boy who was exposed to the highly potent drug fentanyl while inside a Bronx day care, according to federal prosecutors. One-year-old Nicholas Dominici died after the suspected fentanyl exposure earlier this month at Divino Niño day care center. Paredes, who was arrested Saturday in an apartment in the Bronx, allegedly conspired to distribute fentanyl, including at the day care center, from at least July of 2023, authorities said. Paredes and his alleged co-conspirators, Grei Mendez and Carlisto Acevedo Brito, stored the drugs at the day care – including a kilo of fentanyl on children’s playmats, according to a criminal complaint. Investigators were able to trace phone calls and text messages from Mendez and Brito that led them to Paredes, according to the complaint.

Persons: New York CNN —, Renny Antonio Parra Paredes, Paredes, Damian Williams, Nicholas Dominici, –, Grei Mendez, Carlisto Acevedo Brito, Dawn ”, Mendez, Brito, Nicholas ’, Frank, Tarentino III, ” Tarentino III, ” Paredes Organizations: New, New York CNN, Authorities, Court, CNN, Southern, of Locations: New York, Manhattan, Divino, Bronx, Paredes

☆ Tim Scott suggests workers who strike should be fired. Here's what the law actually says
▼ + stars: | 2023-09-25 | by ( Annie Nova | ) www.cnbc.com time to read: +1 min

Sen. Tim Scott, R-S.C., speaks to a crowd during a presidential campaign kickoff event at Charleston Southern University on May 22, 2023. "Ronald Reagan gave us a great example when federal employees decided they were going to strike," the Republican presidential contender said. "He said, 'You strike, you're fired.' Thousands of auto workers have gone on strike at plants across the country of late, demanding higher wages and better benefits. "There never had a been a president so hostile to union workers, and it could have gone bad," Dau-Schmidt said.

Persons: Sen, Tim Scott, Tim Scott of, Ronald Reagan, Scott, Kenneth Dau, Schmidt, Reagan Organizations: Charleston Southern University, Republican, Cornell ILR Labor, Finance, United Auto Workers, Indiana University Bloomington Locations: Fort Dodge , Iowa, Tim Scott of South Carolina

ST. LOUIS (AP) — Ben Phillips’ childhood memories include basketball games with friends, and neighbors gathering in the summer shade at their St. Louis housing complex. Phillips and Deanes, 75, are co-founders of PHACTS, which stands for Pruitt-Igoe Historical Accounting, Compensation, and Truth Seeking. Their attorney, Elkin Kistner, said it would be “appropriate and necessary” for Hawley's proposal to be widened to include former Pruitt-Igoe residents. And St. Louis wasn't alone in being subjected to secretive Cold War-era testing. The area of the testing in St. Louis was described in Army documents as “a densely populated slum district.” About three-quarters of the residents were Black.

Persons: — Ben Phillips, Louis, ” Phillips, “, Phillips, Chester Deanes, Pruitt, —, inactions, Sen, Josh Hawley, Joe Biden, Elkin Kistner, Louis wasn't, Lisa Martino, Taylor, ” Deanes, ” Pruitt, Igoe, Deanes, Army “, Deane, Cori Bush, ” Organizations: LOUIS, Army, Associated Press, AP, Missouri Independent, Act, Republican U.S, Democratic, PHACTS, Democratic U.S . Rep Locations: St, Louis, ”, Pruitt, Deanes, Igoe, California, America

☆ A class-action lawsuit aims to force United Airlines to reimburse the baggage fees for the luggage they lose
▼ + stars: | 2023-09-23 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

A man filed a class-action lawsuit against United Airlines after the company lost his luggage. Jack Lipeles alleged in the suit that United falsely told him his luggage was stolen. When Lipeles arrived in Los Angeles, "he went to pick up his luggage, but was unable to find his bag. United informed Plaintiff that his luggage was stolen and that he should speak to the police to report the stolen luggage," the federal lawsuit, filed in California in late August, said. Reached for comment, a spokesperson for United declined to comment on the suit, calling it an "ongoing legal matter."

Persons: Jack Lipeles, Lipeles, Plaintiff Organizations: United Airlines, Service, United, Department of Transportation, Airlines Locations: Wall, Silicon, Las Vegas , Nevada, Los Angeles , California, Los Angeles, California

☆ Feds open investigation into major American chicken companies over use of child labor
▼ + stars: | 2023-09-23 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +3 min

There has been a dramatic increase in reports of child labor — and workplace accidents involving kids. Overall, the Department of Labor said it had seen a 69% increase in illegal child labor over the previous five years. On Saturday, Seema Nanda, the US solicitor of labor, said she is examining whether companies can be held liable for contractors' labor practices. "We are long past the day when brands can say that they don't know that they have child labor in their supply chain," Nanda told the Times. It has also begun a third-party audit of its child labor policies, the spokesperson said.

Persons: Seema Nanda, Nanda, Tyson Organizations: US Department of Labor, New York Times, Perdue, Service, The New York Times Magazine, Tyson Foods, Department of Labor, The Times, Times, Perdue Farms Locations: Wall, Silicon, Wisconsin, Mississippi

☆ Carmakers will not immediately comply with Massachusetts data repair law
▼ + stars: | 2023-09-22 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

REUTERS/Brian Snyder/File Photo Acquire Licensing RightsSept 22 (Reuters) - An auto industry group said on Friday carmakers do not plan to immediately comply with a Massachusetts law requiring them to share vehicle data with independent repair shops citing concerns about potential hacking. Massachusetts voters in 2020 approved a ballot initiative that gives independent repair shops access to diagnostic data that newer cars can send directly to dealers and manufacturers, in order to allow consumers to seek repairs outside dealerships. The Massachusetts attorney general's office said earlier appreciated "NHTSA’s clarification today that our state law is not preempted by federal law." Automakers must comply with the state law, the office said. Federal Trade Commission Chair Lina Khan praised NHTSA's statement "clarifying that automakers can safely comply with Massachusetts' right to repair law and share vehicle data with independent repair shops."

Persons: Brian Snyder, general's, Lina Khan, David Shepardson, Nick Zieminski Organizations: Chevrolet, REUTERS, Traffic Safety Administration, Alliance, Automotive Innovation, NHTSA, Federal Trade, Thomson Locations: Arlington , Massachusetts, Massachusetts

U.S. District Judge Matthew Kacsmaryk in Amarillo, Texas, declined to block the rule, which took effect Jan. 30. The judge granted a petition by President Joe Biden's administration to dismiss the Republican-led states' lawsuit claiming the rule will jeopardize millions of Americans' retirement savings. Kacsmaryk in a 14-page opinion rejected the states' claim that the rule violates the federal law governing retirement plans. The rule still requires that financial considerations come first, and does not create "an overarching regulatory bias in favor of ESG strategies," the judge wrote. Kacsmaryk, a Trump appointee, in March rejected the Biden administration's claim that the states were improperly "judge shopping" by filing the lawsuit in Amarillo, where Kacsmaryk is the only judge.

Persons: Joe Biden, Kevin Lamarque, Matthew Kacsmaryk, Joe Biden's, Biden, Donald Trump's, Trump, Daniel Wiessner, Dan Whitcomb, David Gregorio, Lincoln Organizations: Major Economies, White, REUTERS, Companies Liberty Energy, Biden, U.S, District, Republican, U.S . Department of Justice, Liberty Energy Inc, Democrat, Trump, Thomson Locations: Energy, Washington , U.S, Texas, Amarillo , Texas, Utah, New Orleans, Amarillo

☆ FTC to file antitrust case against Amazon as soon as Tuesday, Politico reports
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsSept 22 (Reuters) - The Federal Trade Commission will file a long-awaited antitrust lawsuit against Amazon (AMZN.O) in federal court as soon as Tuesday, Politico reported on Friday, kicking off the latest leg in the US effort to rein in the market power of Big Tech companies. The legal action, which would follow federal lawsuits filed against Alphabet's (GOOGL.O) Google and Meta's (META.O) Facebook, has been expected after years of complaints that the big tech companies abused their dominance. Amazon.com, for example, has been accused of buying competitors to thwart competition and abusing third-party sellers on its platform, among other allegations. The American tech giant has been criticized for allegedly favoring its own products and disfavoring outside sellers on its platform. FTC chairperson Lina Khan authored a Yale Law Journal article in 2017, in which she said Amazon's structure and practices posed anticompetitive concerns and has escaped antitrust scrutiny.

Persons: Pascal, Lina Khan, Urvi Dugar, Yuvraj Malik, Shilpi Majumdar, Chizu Organizations: REUTERS, Federal Trade Commission, Amazon, Politico, Big Tech, Alphabet's, Google, Facebook, FTC, Reuters, Yale, Thomson Locations: Bengaluru

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