New unsealed records reveal Amazon's price-fixing tactics, California AG claims
4 hours ago
- #Amazon
- #Price-Fixing
- #E-commerce
- California alleges Amazon pressured sellers to raise prices on competitors like Walmart and Target to appear cheaper.
- Internal emails and depositions reveal Amazon used automated tools to track and suppress sellers offering lower prices elsewhere.
- Sellers faced sales drops up to 80% if Amazon removed their products from the 'Buy Box' due to lower competitor prices.
- Amazon denies the claims, stating its practices promote competition and low prices for consumers.
- The trial for the California attorney general's lawsuit against Amazon is set for January 19, 2027.