The FTC is finalizing an antitrust lawsuit that could break up tech gorilla Amazon, report says — with Prime, advertising and company policies at risk. What you need to know

The Federal Trade Commission (FTC) is readying an antitrust lawsuit against Amazon that could “ultimately break up parts of the company,” according to Politico, in what could be the latest move by the Biden administration to rein in Big Tech.

Politico, a Washington-based political news company, cited four people with knowledge of the matter (who were granted anonymity to discuss the confidential information) and said that the lawsuit is expected to be filed as soon as August.

What the focus may be

While the exact details of the lawsuit remain unknown, it’s expected to take aim at a number of the company’s business practices, reports Politico, citing its sources.

Some of the sources, Politico says, revealed the complaint is likely to focus on Amazon Prime, the tech giant’s digital advertising business and its logistics services. The lawsuit may also address Amazon policies the FTC believes mandate third-party retailers to offer their lowest prices on its platform, preventing cheaper prices elsewhere.

Why now?

While the Amazon investigation began during the Trump administration, it’s now taken off under current FTC chair Lina Khan, whose leadership has already helped push multiple cases against the tech giant.