California Is Suing Amazon, Alleging the Company Violates Antitrust Laws

  • 📰 TIME
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

California is suing Amazon, alleging that the company is stifling competition and leading to inflated prices

NEW YORK — California is suing Amazon, accusing the company of violating the state’s antitrust laws by stifling competition and engaging in practices that push sellers to maintain higher prices on products on other sites.filed Wednesday in San Francisco Superior Court mirrors another complaint filed last year by the District of Columbia, which was dismissed by a district judge earlier this year and is now going through an appeals process.

The suit maintains merchants that do not comply with the policy could have their products stripped from prominent listings on Amazon and face other sanctions such as suspensions or terminations of their accounts. It alleges Amazon’s policy essentially forces merchants to list higher prices on other sites, helping the retail giant maintain its e-commerce dominance.

“Amazon coerces merchants into agreements that keep prices artificially high, knowing full-well that they can’t afford to say no,” Bonta said in a statement.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 93. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

👍🏻👍🏻👍🏻

The other part I don't like is that Amazon has been one of the most helpful organizations during the pandemic years . The govt was opposite of helpful . But the govt now likes sewing Amazon it seems, can we counter for disturbed lives based on poor or inaccurate info / actions ?

Wen Amazon Trying To Grow Bigger These Type Of News Will Come Out

Seems like he found a work around via the wife non profit ; I see why Newsom picked him. Activist who does not mind rigging a bit by all appearances ( which can be deceiving ) : still non sensical suit to me it seems at least

I looked up his record. Massive private information exposure during one of his programs to create 'transparency' for gun violence : seems activist oriented and not a difference maker but I'm sure he would disagree, but good education pedigree I guess. behested payments ?

Really?! Well then I guess while you are at it better sue Walmart, Apple, ect…..they all doing the same thing!! 🙄

They aren’t the only monopoly

Where did bob Bonita go to school and has he done anything significant in his career ? LoL 😂

Nonsense

It’s not Amazon. It’s Biden policies causing inflation.

I read the opening and logic was lost on me so I quit reading . I believe a judge somewhere in another state already threw a similar argument out the door . The fact we have elected and state representatives waste our time like this is sad

The entire premise of the suit is shaky because one could offer lower price on a non Amazon site and not list on Amazon . It makes no sense . On her flip side Amazon asks for the lowest so they can push volume and make sure enough margin is left to support their massive reach

LoL . Amazon is one of the better deal sources . I'd like to read the details on that one lol . I shop and compare but they are one of my adjusted to sources with 2 or 3 others. Another cali bureaucrat undoubtedly

What until they hear about Walmart

I'm using Digging Cloud Mining application and earning $100 daily. Download the app now and earn free bitcoins .You have opportunity to earn profit . Initially you can get $20 and then get soon more

They’re waxing Silicon Valley and California has little to show for

Looks like California needs more money.

All true because amazon is evil and humanity is its food source. Cut them off. Addiction is a pitiful thing

I'm going to have to look into that one

I found 9 cheaper offers for this article, some with shipping

Amazon Shopping Matters!

Trading has been always successful ever since I started trading all my bitcoin with tyronFXT his platform and signal are very much okay. I would advise you get in touch with him for more info tyronFXT

If Amazon does not sell or deliver to California. I will shop from them daily.

Based as fuck. Break up all these large monopolistic corporations.

Sonmujeres o que?

Trading has been always successful ever since I started trading all my bitcoin with tyronFXT his platform and signal are very much okay. I would advise you get in touch with him for more info tyronFXT

Are we surprised by what happens when our system allows a small group of ‘men’ to monopolise many industries? People are kissing the ass of Musk and Bezos et al then complaining about costs like they have nothing to do with it 🤪

Just asking: Didn't Walmart do that to the local mom n' pop stores?

Lmao government at it again, meddling in economics that they neither understand nor care to try.

I am no fan of Amazon, but Amazon keeps prices down The primary challenge faced by competitors is that no one knows of them

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

10 famous companies with ridiculously similar logosThese famous companies' similar logos will give you design déjà vu.
Source: CreativeBloq - 🏆 40. / 65 Read more »