California is suing Amazon, accusing the company of violating the state’s antitrust and unfair competition laws by stifling competition and engaging in practices that push sellers to maintain higher prices on products on other sites. FOX13
Amazon facing a spike in their own costs to do business, after their rapid response to the pandemic resulted in extra $2 billion in costs during the last few months., accusing the company of violating the state’s antitrust and unfair competition laws by stifling competition and engaging in practices that push sellers to maintain higher prices on products on other sites.
"The relief the AG seeks would force Amazon to feature higher prices to customers, oddly going against core objectives of antitrust law," the company said. "We hope that the California court will reach the same conclusion as the D.C. court and dismiss this lawsuit promptly." "Amazon has stifled its competition for years, not by successfully competing, but by blocking competition on price," Bonta said. "As a result, California families paid more, and now Amazon must pay the price."He said the lawsuit is also a message to other companies who "illegally bend the market at the expense of California consumers, small business owners and the economy.
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