FTC

Is Amazon illegally burying products in search results?

By now, you’ve surely seen that the Federal Trade Commission and 17 state attorneys general filed suit against Amazon on Tuesday, alleging that it used its market position to “inflate prices, degrade quality and stifle innovation for consumers and business.” The FreightWaves article is here. 

For additional detail I turned to one of the most insightful guests I’ve had on The Stockout show — Chris Moe, CEO of Cartograph (that interview can be seen here) and someone who knows all about how...

https://www.freightwaves.com/news/is-amazon-illegally-burying-products-in-search-results

Potential FTC probe caps whirlwind week for Amazon

Another week, another whirlwind of news surrounding e-commerce’s resident superpower.

Capping a week of news about investigations, cutbacks and worse-than-expected earnings, The Wall Street Journal on Friday reported that Amazon (NASDAQ: AMZN) faces a potential antitrust lawsuit from the Federal Trade Commission in the coming months.

According to sources the Journal reported are familiar with the matter, the timing of the case is unclear and a suit may never be brought at all. The sources said...

https://www.freightwaves.com/news/potential-ftc-probe-caps-whirlwind-week-for-amazon

Scams endure even as COVID retreats

As most readers know all too well, scammers actively look to take advantage of any unfortunate situation in order to make a quick buck. This was especially true during the COVID-19 pandemic, when businesses found themselves needing to acquire personal protective equipment, otherwise known as PPE, for their employees only to be conned, losing their money to bad actors and still without the desperately needed supplies. Even at TCA, we regularly find ourselves the targets of phishing emails, and...

https://www.freightwaves.com/news/scams-endure-even-as-covid-retreats

S.Korea’s FTC Assess The Punitive Actions Of Shipping Companies’ Price Rigging

  • S. Korea’s FTC reviews punitive actions against sea carriers for price rigging.
  • The FTC will convene a full session and decide on punishment level after the reviews.

South Korea’s antitrust watchdog has embarked on a process of taking punitive actions against sea shipping companies for price rigging, reports Maekyung.

Fair Trade Commission’s Notice

According to multiple industry sources on Monday, the Fair Trade Commission has recently notified major local shippers including Korea’s sea flag...

https://mfame.guru/s-koreas-ftc-assess-the-punitive-actions-of-shipping-companies-price-rigging/