Paying Today: CT AG Launches Amazon Probe

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In today’s main news, the Connecticut Attorney General opened an antitrust investigation into Amazon’s eBook business and Petco exceeded expectations in its IPO. Additionally, Grab Financial raised $ 300 million.

Connecticut AG Launches Antitrust Probe in Amazon’s eBook Business

Connecticut Attorney General William Tong is launching an antitrust investigation into how Amazon runs its eBook business, specifically regarding the e-commerce giant’s deals with five of the country’s largest book publishers. The Connecticut investigation is just the latest antitrust investigation conducted by several state and federal authorities into the way Amazon conducts its business.

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