Emails show Amazon colluded to raise prices, California authorities allege
5 hours ago
- #Consumer Prices
- #Antitrust Lawsuit
- #Amazon Price-Fixing
- Emails reveal Amazon allegedly colluded with vendors and other retailers to raise prices on products like pet treats, khaki pants, and eyedrops.
- In one instance, Amazon coordinated with a pet treat manufacturer to get Chewy to follow price increases, protecting its market share.
- Amazon also communicated with Levi's about Walmart's lower prices on Dockers pants, leading to Walmart raising the price to match Amazon's.
- California attorney general Rob Bonta accuses Amazon of price fixing and making products unaffordable, while Amazon denies the allegations.
- Amazon handed over the records as part of an antitrust lawsuit filed in 2022, with the trial set to begin in January 2027.
- Amazon claims it promotes competition and offers low prices, while Walmart, Levi's, and Chewy are not defendants in the case.