Economic Liberties’ Statement on AG Racine’s Antitrust Suit Against Amazon
Washington, D.C. – The American Economic Liberties Project released the following statement after D.C. Attorney General Karl Racine filed suit against Amazon for abusing its monopoly power by controlling prices across the online retail market and violating D.C. antitrust law.
“Amazon’s dominance is not a story of technology or innovation; it is a story of power and abuse. The suit brought today by Attorney General Racine takes direct aim at that power and challenges Amazon’s well-documented abuse of third-party sellers and their data, including by asking the court to impose structural remedies,” said Sarah Miller, Executive Director of the American Economic Liberties Project. “If successful, it will provide much-needed relief for the thousands of independent businesses who have been exploited by Amazon while being forced to rely on its critical infrastructure.”
“This suit also comes as momentum to break the extraordinary and dangerous power of Big Tech reaches new heights,” added Miller. “Policymakers and enforcers across the country increasingly recognize the urgency of this moment and are now acting to arrest and dismantle Big Tech’s monopoly power.”
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The American Economic Liberties Project works to ensure America’s system of commerce is structured to advance, rather than undermine, economic liberty, fair commerce, and a secure, inclusive democracy. Economic Liberties believes true economic liberty means entrepreneurs and businesses large and small succeed on the merits of their ideas and hard work; commerce empowers consumers, workers, farmers, and engineers instead of subjecting them to discrimination and abuse from financiers and monopolists; foreign trade arrangements support domestic security and democracy; and wealth is broadly distributed to support equitable political power.