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Amazon accused of price fixing
The Verge·
California's Attorney General has presented evidence alleging Amazon engaged in price-fixing practices. The state is seeking a preliminary injunction to halt these alleged schemes while its 2022 lawsuit proceeds. The newly released court document details how Amazon purportedly manipulated prices for other retailers, particularly around Prime Day, and worked with vendors to limit discounted availability elsewhere. These allegations suggest a deliberate strategy to inflate prices and maintain market dominance through anti-competitive means.
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$AMZN
Tags
regulation
legal
ecommerce
Original Source
The Verge — theverge.com