FTC to Take a Gander at Amazon’s Discount Pricing Practices

FTC to Take a Gander at Amazon’s Discount Pricing Practices

By Richard Adhikari

Jul 25, 2017 10:45 AM PT

The U.S. Federal Trade Commission is looking into Amazon’s discount pricing practices in response to a complaint filed by Consumer Watchdog over the company’s pending US$14 billion purchase of the Whole Foods grocery chain, Reuters reported last week.

“Asking informal questions about issues potentially related to a corporate acquisition is a natural part of the FTC review process,” observed Charles King, principal analyst at Pund-IT.

That said, it might be worth considering whether Consumer Watchdog’s allegations might be a shield for politically motivated actions by the FTC, he told the E-Commerce Times.

Although the Trump administration has yet to nominate three new FTC members, including the agency’s chairman, “given the rancor between the president and Amazon CEO Jeff Bezos, it’s worth considering,” King mused.

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