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Amazon says FTC should take new chair off its cases

Stock MarketsJun 30, 2021 01:32PM ET
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2/2 © Reuters. FILE PHOTO: Lina Khan, nominee for Commissioner of the Federal Trade Commission (FTC), speaks during a Senate Committee on Commerce, Science, and Transportation confirmation hearing on Capitol Hill in Washington, DC, U.S. April 21, 2021. Saul Loeb/Pool v 2/2

WASHINGTON (Reuters) -Amazon.com filed a petition on Wednesday asking for Federal Trade Commission (FTC) Chair Lina Khan to be recused on antitrust matters related to the online retail giant, according to documents filed with the agency.

Amazon (NASDAQ:AMZN) said in its filing that it was requesting Khan's recusal from all matters related to Amazon because of her previous work while at an antitrust advocacy group, public statements and work for a congressional subcommittee.

"Given her long track record of detailed pronouncements about Amazon, and her repeated proclamations that Amazon has violated the antitrust laws, a reasonable observer would conclude that she no longer can consider the company's antitrust defenses with an open mind," Amazon said in its filing. "Indeed, doing so would require her to repudiate the years of writings and statements that are at the foundation of her professional career."

The FTC declined comment.

The agency is investigating Amazon as part of a series of probes underway into Big Tech. It is also probing Amazon's planned purchase of the U.S. movie studio MGM.

Khan wrote a piece for the Yale Law Journal in 2017 which argues that current antitrust law, which focuses on prices and the short term, fail to capture harms done by companies like Amazon, including predatory pricing.

She also worked for the House Judiciary antitrust committee, which wrote a massive report that spelled out what it said was anti-competitive conduct by Amazon, Apple (NASDAQ:AAPL), Facebook (NASDAQ:FB) and Alphabet (NASDAQ:GOOGL)'s Google.

Amazon says FTC should take new chair off its cases
 

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Comments (2)
Meru Pet
Meru Pet Jun 30, 2021 1:58PM ET
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the United States, this country that fined Redb... a soft drink, because they "claimed" it gives wings. I think the TSA noticed before that you can "fences" with it... Ok now it's Amazon... It is gonna be a good moment of woke justice...
Meru Pet
Meru Pet Jun 30, 2021 1:58PM ET
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can't jump above*
Bill Melton
Bill Melton Jun 30, 2021 1:33PM ET
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The WH should have expected this. Regardless of one's opinion of big tech, this appointment, along with court's ruling the government did not have enough evidence to proceed with charges against Facebook being a monopoly makes Biden Administration look weak. Instead of working the problem, Biden continues to politicized them. See southern border for reference.
 
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