Amazon Trading with People

FTC, Amazon

FTC asks to delay Amazon trial over 'dire' resources, then quickly backtracks

The Federal Trade Commission is in a "dire resource situation," a federal lawyer said on a call about its major lawsuit against Amazon. Within hours, he retracted the claim.

ABC · 3d

FTC reverses its request for a delay in an Amazon trial

The Federal Trade Commission has walked back comments that a lack of resources is interfering with the agency’s ability to be ready for a September trial over Amazon’s Prime program

Axios Login on MSN · 3d

FTC backtracks on claim that it lacks resources for Amazon case

The Federal Trade Commission yesterday asked a court for extra time before proceeding on a case against Amazon, claiming its resources are too constrained, before reversing course just hours later. Why it matters: This suggests that the FTC may struggle to meet its responsibilities,

Yahoo Finance5d

Amazon stock is trading cheaply on 1 valuation metric after broader stock market rout

The last time Amazon's stock (AMZN ... Shares of the e-commerce and cloud computing giant are trading on a forward price-to-earnings (P/E) multiple of 30 times, their lowest P/E in three years ...

Nasdaq6d

Buy the Dip in Amazon Stock at Under $200 a Share?

Trading 20% beneath its 52-week high of $242 a share, Amazon’s stock hasn’t been immune to recent market volatility but investor sentiment had been high for AMZN before the surge in economic ...

3don MSN

FTC backs off request for more time in case against Amazon

The Federal Trade Commission said Wednesday it is ready to litigate its case against Amazon for alleged deceptive practices, ...

Amazon (AMZN) Heading to the Dock On Claims it Duped Prime Customers After FTC Backtrack

Shares in Amazon (AMZN) were lower today as the Federal Trade Commission (FTC) said it was, after all, ready to take the tech giant to court in ...

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