Business

Amazon finds an ally at the Federal Trade Commission

Amazon is finding a friend at 🃏the Federal Trade Commission, even though founder Jeff Bezos is not thought to be on good terms with President Trump.

Inter🎃im FTC Chair Maureen Ohlhausen, speaking last week at a Georgetown Law School conference, said the agency should not be “interventionist” when monitoring the digital economy.

There have been public calls for the FTC to examine Amazon because 🧜it is becoming too dominant in too many areas.

“She’s saying it is not our role to say a company is becoming too big🙈, but only to examine them i♔f they are misusing their monopolistic power,” a DC lawyer who knows Ohlhausen said.

The FTC in August cleared Amazon’s purchase of Whole Foods Markets.

What’s in the future for Amazon? Well, Trump is♐ expected to soon nominate Paul, Weiss, Rifkind lawyer Joseph Simons to be FTC chair, and the expectation is his views will be similar to the current chair’s, the𝔍 source said.