"California authorities allege that Amazon has put pressure on independent sellers using its platform into raising their prices on the sites of competitors such as Walmart and Target, so that Amazon can appear to have lower prices."
"The documents include internal emails, deposition testimony, and confidential corporate presentations that the California attorney general obtained as part of a civil case accusing Amazon of large-scale price-fixing."
"Amazon has used automated tools to track how independent vendors on its platform price their goods on competitor sites, then leveraged its dominant position in e-commerce to ensure that those prices do not fall below those on Amazon."
"California's attorney general stated that there is no room for illegal practices that impede competition and raise prices, especially while consumers face an affordability crisis."
California authorities allege that Amazon pressured independent sellers to increase prices on competitor sites like Walmart and Target. Newly unredacted records reveal internal communications showing Amazon's concern over competitors selling items for even a penny less. The evidence, obtained in a civil case, includes emails and corporate presentations. California's attorney general claims Amazon's actions unlawfully punish sellers with lower prices elsewhere. The lawsuit emphasizes the need for fair competition, especially during an affordability crisis, and a trial is set for January 2027.
Read at www.theguardian.com
Unable to calculate read time
Collection
[
|
...
]