California Unseals Evidence of Amazon Price Fixing Efforts
California unsealed evidence today alleging Amazon colluded with merchants to raise rival prices. The state seeks to stop practices it says hurt consumers.
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California Attorney General Rob Bonta has unsealed new evidence in a long-standing antitrust lawsuit against AMAZON.COM INC, alleging the retail giant orchestrated efforts to inflate consumer prices across the United States. The legal action, which has been ongoing for three and a half years, claims that Amazon worked behind the scenes with various merchants to pressure online rivals into raising their prices, ensuring the e-commerce leader would not be undercut.
