"California's lawsuit against Amazon details a scheme where Amazon allegedly directed companies like Levi's to raise prices at other retailers, impacting consumer costs significantly."
"The evidence presented by Attorney General Rob Bonta outlines how Amazon worked with vendors to ensure that products available at lower prices were made temporarily unavailable, facilitating price increases."
California's Attorney General Rob Bonta has revealed evidence of Amazon's alleged price-fixing practices. The state filed a request for a preliminary injunction to halt Amazon's actions while the lawsuit proceeds. The evidence outlines how Amazon allegedly coordinated with vendors to raise prices at competing retailers ahead of Prime Day. The scheme reportedly involved agreements to increase retail prices or temporarily make products unavailable, allowing competitors to match inflated prices, ultimately raising costs for consumers.
Read at The Verge
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