Katie Arcieri

The Federal Trade Commission has filed multiple lawsuits against Big Tech companies and initiated new rulemakings under Chair Lina Khan’s leadership, but the actions are unlikely to wrap up before Khan’s term expires in 2024, policy experts said.

The e-commerce company expects slower holiday sales amid inflation, heightened fuel prices and rising energy costs in the fourth quarter.

E-commerce is expected to grow at a slower pace in the U.S. next year, and retailers will be competing more on pricing to draw sales from inflation-weary consumers.

The retailer said nearly 75% of Walmart’s third-quarter grocery share gains came from consumers with annual incomes over $100,000.

Amazon, Target and Walmart are cutting back on capital expenditures and fixed costs while increasing promotional activity to spur demand from inflation-weary consumers.

Online grocery fees present a modest headwind to demand in 2023 as inflation hits consumers and retailers seek to protect their profitability.

The agency argues that Xbox would gain control of top video game franchises, enabling it to harm competition in high-performance gaming consoles and subscription services by denying or degrading rivals’ access to its popular content.

Amazon and other Big Tech companies are facing increased pressure from investors to achieve ambitious net-zero goals, even as the energy needs of their hyperscale datacenters rise.

The effort to sort through public comments and draft a potential proposed rulemaking or regulation is expected to take months, and there is no guarantee it will end with new rules. Still, it marks a step toward a federal proposal.

After thwarting U.S. antitrust legislation in 2022, policy experts believe Big Tech companies will be focused on fighting fines and complaints issued by EU competition authorities in 2023.