California alleges Amazon stifled price competition in lawsuit

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California alleges Amazon stifled price competition in lawsuit
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California filed a lawsuit against Amazon.com on Wednesday, alleging that the company violated antitrust law by blocking price competition and pushing up prices for consumers.

on Wednesday, alleging that the company violated antitrust law by blocking price competition and pushing up prices for consumers.

"Through its actions, the everything store has effectively set a price floor, costing Californians more for pretty much everything," Bonta said.The lawsuit was filed in San Francisco Superior Court. The company is the world's largest online retailer and grew even bigger during the pandemic. Over 200 million users are Prime members, paying for faster shipping and other benefits.

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