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Amazon's monopoly power raises 'special' antitrust concerns, DC court of appeals told

( February 24, 2023, 21:11 GMT | Official Statement) -- MLex Summary: A District of Columbia Superior Court judge ignored Amazon’s monopoly power and treated the ecommerce giant as a firm with "little power" in the online retail market, the Open Markets Institute told the District of Columbia Courts of Appeals. In an amicus brief in support of the DC attorney general's office, the organization said the appeals court should reverse the dismissal of the District of Columbia’s amended complaint and allow the DC AG to take its claims to trial. "The court, among other errors, held that only a firm with a 100% share of a market has monopoly power. This is not the law," the brief said. As a monopolist, Amazon’s use of most favored nation clauses and minimum margin requirements raise "special antitrust concerns—the impairment of fair competition, exclusion, and coercion—that would be greatly diminished if Amazon were not dominant," it said.See document below....

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