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E-commerce Giant Amazon Could Fall Under FTC for Anti-trust Related Cases

The organisation has also reportedly been looking to level a multi-billion dollar fine against Facebook for its privacy practices, the report added

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Google , US, Alexa, Amazon, Drones, e-commerce
The logo of Amazon, online retailer is seen at the company logistics center in Lauwin-Planque, France. VOA

Following an agreement between the Federal Trade Commission (FTC) and the Department of Justice (DOJ), e-commerce giant Amazon could fall under FTC’s jurisdiction on anti-trust subjects.

According to The Washington Post, this “kind of arrangement brokered between the DOJ and the FTC typically presages more serious antitrust scrutiny,” The Verge reported on Monday.

The news comes after reports broke on Friday evening that the DOJ is preparing an anti-trust investigation into Google’s search business.

Those reports noted that the FTC launched its own investigations against Google in 2011, which resulted in a civil penalty and which was later closed in 2013.

Amazon, online retailer, Drones
The Amazon warehouse in San Fernando de Henares is seen during a 3-day walkout to demand better wages and working conditions, on the outskirts of Madrid, Spain. VOA

Calls for more scrutiny over the business practices of the country’s major tech companies has been steadily growing over the past year.

European regulators and prominent Democratic presidential candidates have made the case to break up companies such as Amazon, Apple, Facebook and Google, citing their vast influence in the marketplace and their business practices.

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Earlier in February, the FTC launched a new task force to investigate anti-competitive behaviour amongst tech giants within the US.

The organisation has also reportedly been looking to level a multi-billion dollar fine against Facebook for its privacy practices, the report added. (IANS)

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Amazon, Toshiba Announce First Budget-friendly TV with Dolby Vision

The company has continued to iterate on the Fire TV software to embrace Alexa voice controls as well

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Google , US, Alexa, Amazon, Drones, e-commerce
The logo of Amazon, online retailer is seen at the company logistics center in Lauwin-Planque, France. VOA

E-commerce giant Amazon has announced the first budget-friendly Toshiba-branded 4K TV with built-in Fire TV software and Dolby Vision.

Up until now, the Dolby Vision — which is an HDR format that offers a wider colour palette and brighter highlights — has been widely available in premium-priced smart TVs, it is still trickling down to entry-level sets.

The Toshiba set would be available in 55-inch, 43-inch and 50-inch variants for $449.99, $329.99 and $379.99 respectively, The Verge reported on Thursday. The TVs would be available exclusively on Amazon and Best Buy stores.

The news comes as Amazon prepares to open an installation at the Dolby experiential space in New York City’s Soho neighbourhood where it would showcase theatre-like viewing experience with Dolby’s audio and visual technologies on recent Fire TV hardware.

TV
Smart televisions are becoming a popular trend.

Amazon’s Fire TV has over 34 million active monthly users and the company currently includes the Stick.

The Fire TV Stick 4K supports Dolby Vision, while the Cube offers Dolby Atmos audio but not the visual side, the report added.

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The company has continued to iterate on the Fire TV software to embrace Alexa voice controls as well.

The Fire TV Edition with Dolby Vision was a necessary step for Amazon to better square off with the line-up of Roku TVs on the market like TCL, which already offers Dolby Vision output, the report noted. (IANS)