💻 Technology 16h ago · Mariella Moon

Amazon allegedly pressured companies to raise product prices with other retailers

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Amazon allegedly pressured companies to raise product prices with other retailers
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Rob Bonta, the Attorney General of California, has released an unredacted copy of a legal document that the state filed in relation to its lawsuit against Amazon, containing details of the company’s alleged price fixing scheme. In it, the state of California accuses the e-commerce company of reaching out to brands and asking them to “fix” the retail prices of their products on competitors’ websites. Due to Amazon’s “overwhelming bargaining leverage” and out of fear of punishment, the brands agre

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