The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies

The FTC also alleges that Amazon is charging its sellers exorbitant fees, in many cases close to 50 percent of their revenue: “These fees harm not only sellers but also shoppers, who pay increased prices for thousands of products sold on or off Amazon,” the FTC argued in its filing.

Filing details $400 million license for smart robot system and claims retail giant’s “reverse acquihire” contract limits competition and merits antitrust scrutiny.

The U.S. Federal Trade Commission (FTC) on Friday found that the partnerships between Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN) and Alphabet's (NASDAQ:GOOGL)(NASDAQ:GOOGL) Google with OpenAI and Anthropic allows for the potential of the artificial intelligence (AI) developers being "fully acquired" by the tech giants.

The FTC warns that multi-billion-dollar partnerships between Big Tech and AI startups could lead to the monopolization of the AI and cloud computing sectors.

Microsoft Corp.’s $13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud computing into the nascent artificial intelligence market, the Federal Trade Commission said in a report released Friday.

Lina Khan, who was tapped by President Joe Biden to lead the FTC, is set to be replaced by President-elect Donald Trump’s pick Andrew Ferguson.

Publishing.com's claims about passive income from AI-generated Amazon books have drawn complaints about undisclosed fees and aggressive sales tactics.

At a landmark gathering in California, workers discussed defenses against artificial intelligence and surveillance technology.

The FTC report says that "Americans deserve to know how their private data is being used to set the prices they pay and whether firms are charging different people different prices for the same good or service.

Genshin Impact's gacha system "deceived children, teens, and other players into spending hundreds of dollars on prizes they stood little chance of winning," the FTC said.

The Federal Trade Commission is suing PepsiCo for allegedly working with an unnamed “large, big box retailer” to rig the market by offering “unfair pricing advantages” that can contribute to