"Amazon employees allegedly collaborated with vendors to push retail partners like Walmart and Chewy to collectively raise prices on various products, including pet treats and khaki pants."
"In one instance, Amazon raised prices on dog treats and worked with a manufacturer to ensure Chewy followed the price increase, effectively protecting its market share."
"Amazon communicated with Levi's about Walmart's pricing, leading to a coordinated effort to raise the price of Dockers khaki pants to $29.99."
California's attorney general released emails indicating Amazon's alleged collusion with vendors to raise prices on products like pet treats and khaki pants. Amazon reportedly coordinated with manufacturers to ensure that retail partners, including Chewy and Walmart, followed suit with price increases. In one instance, Amazon raised dog treat prices and instructed a manufacturer to inform Chewy of these changes. Similarly, Amazon communicated with Levi's about Walmart's pricing, leading to a coordinated price hike on Dockers khaki pants. These actions suggest a strategy to maintain market share while increasing consumer prices.
Read at www.theguardian.com
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