Amazon.com asked a federal court on Friday to dismiss a U.S. government antitrust lawsuit which accuses the company of using illegal strategies to boost profits at its online retail empire, including an algorithm that allegedly pushed up prices by more than $1 billion. In its motion to dismiss, Amazon said the U.S. Federal Trade Commission, in a lawsuit filed in September, confused "common retail practices" with anticompetitive conduct and failed to identify harm to consumers. "Amazon promptly matches rivals' discounts, features competitively priced deals rather than overpriced ones, and ensures best-in class delivery for its Prime subscribers," the company said in asking for the lawsuit to be "dismissed in its entirety."
Alphabet's (GOOGL) Google introduces its advanced large language model, Gemini, to boost its generative AI game.
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