"The alleged price fixing scheme generally begins with the Seattle-based company demanding vendors to fix or look into prices of products on other websites and request that those prices be increased or else face penalties such as promotion restrictions or even removal of products from Amazon's site."
"This is about protecting Californians from paying more than they should for everyday products, especially at a time when affordability feels farther and farther out of reach."
"Amazon is consistently identified as America's lowest-priced online retailer, and we're proud of the low prices customers find when shopping in our store."
California's attorney general filed a lawsuit against Amazon, claiming the company engaged in price-fixing practices with vendors like Walmart. The lawsuit alleges that Amazon demanded vendors adjust their prices on competing websites, threatening penalties for non-compliance. An example includes Amazon coordinating with Levi Strauss and Walmart to raise the price of khaki pants. The attorney general seeks immediate action to stop these practices, emphasizing the impact on consumer affordability. Amazon has dismissed the allegations as unfounded and plans to contest them in court.
Read at ABC7 San Francisco
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