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Here’s how Amazon’s price fixing allegedly drove up prices everywhere

TechnologyApril 20, 20261 min readAttributed summary
Here’s how Amazon’s price fixing allegedly drove up prices everywhere
On Monday, California Attorney General Rob Bonta revealed the evidence of alleged price-fixing by Amazon. The state filed a request to the Supreme Court in February for a preliminary injunction to sto
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On Monday, California Attorney General Rob Bonta revealed the evidence of alleged price-fixing by Amazon. The state filed a request to the Supreme Court in February for a preliminary injunction to stop Amazon's behavior while the lawsuit it originally filed in 2022 proceeds, and is now making that 16-page document available, "largely unredacted." It lays out how Amazon allegedly schemed to raise other retailers' prices ahead of Prime Day, or worked with its vendors to make sure items available at a discount elsewhere were suddenly out of stock and unavailable for the lower price.

Bonta says this document shows how the scheme works with Ama …

Read the full story at The Verge.

Source: The Verge

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