Washington DC Attorney General Karl Racine announced a new antitrust suit against Amazon Tuesday, accusing the company of stifling competition by exerting control over third-party sellers. The lawsuit, filed in DC Superior Court, alleges that Amazon fixed prices on its massive online retail platform by blocking third-party sellers from selling their products for less elsewhere. […]
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Amazon Says D.C. Attorney General s Lawsuit Will Force Company to Raise Prices
On 5/25/21 at 3:28 PM EDT
A lawsuit filed Tuesday by the District of Columbia against Amazon alleges the e-commerce giant engages in anticompetitive practices in its treatment of its third-party sellers, an accusation Amazon firmly rejected.
D.C. Attorney General Karl Racine argues in the suit that Amazon has fixed online retail prices through contract provisions and policies it applies to third-party sellers. Such agreements prevent sellers that offer products on Amazon from offering their goods at lower prices on any other platform, including their own websites, the suit says.