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Californias Attorney General Accuses Amazon of Price Fixing: New Evidence Surfaces
The California Attorney General has accused Amazon of price fixing, claiming the tech giant pressures sellers to raise prices on rival sites. New evidence from internal documents shows Amazons alleged scheme in action. The lawsuit, filed in 2022, charges Amazon with breaking antitrust and unfair competition laws to keep prices high. Amazon is accused of telling vendors to check competitors prices and then demanding they raise those prices or face consequences like losing prime spots or having products removed. Real examples include Amazon nudging Levi Strauss to raise prices on khaki pants at Walmart, pet treats on Chewy, Hanes apparel at Target, eyedrops via Walmart, plant fertilizer at Home Depot, and trash cans on Wayfair. A key hearing on blocking this alleged plot is set for July.
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