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US sues Amazon.com for breaking antitrust law and harming consumers (www.reuters.com)

WASHINGTON, Sept 26 (Reuters) - The U.S. Federal Trade Commission filed a long-awaited antitrust lawsuit against Amazon.com (AMZN.O) on Tuesday, charging the online retailer with harming consumers through higher prices in the latest U.S. government legal action aimed at breaking Big Tech’s dominance of the internet....

Cheong Hong Yuan: Fluctuations in the Stock Market - Can Tech Stocks Revive Their Momentum? (monyet.cc)

The tides in the financial market can change overnight. The slump in the three major U.S. stock indices last night accelerated the heartbeats of many investors, especially when observing the large tech stocks, which have been a significant driving force for the stock market’s rise. Their continuous decline has caused the...

Judge Chutkan denies Trump’s request to recuse herself in federal election subversion case (apnews.com)

Chutkan, who was nominated to the bench by President Barack Obama and was randomly assigned to Trump’s case, said in her written decision that she sees no reason to step aside. The case, scheduled for trial in March, accuses the Republican of illegally scheming to overturn his election loss to Democrat Joe Biden....

Amazon lawsuit protects ‘free and fair competition,’ says FTC Chair Lina Khan (www.cnbc.com)

One day after filing a massive antitrust lawsuit against Amazon, Federal Trade Commission Chair Lina Khan defended the agency’s decision to pursue the company and explained how its use of monopoly power allowed it to leverage an effective 50% tax on sellers....

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