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DC Attorney General files antitrust suit against Amazon over third-party seller agreements – TechCrunch

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. […]

DC s attorney general is suing Amazon over alleged antitrust violations, accusing the tech giant of abusing its power to control prices online

Amazon Policy Leads to Higher Consumer Prices, D C Suit Alleges

Amazon Policy Leads to Higher Consumer Prices, D.C. Suit Alleges © Watchara Phomicinda/Associated Press WASHINGTON The District of Columbia filed an antitrust lawsuit against Amazon.com Inc. Tuesday, alleging the company blocks sellers on its marketplace from offering lower prices elsewhere to stymie competition. The lawsuit, filed in Washington, D.C., Superior Court, targets “most favored nation” clauses Amazon has imposed on sellers on its online marketplaces. The clauses prevent Amazon sellers from offering lower prices on other websites, including their own, D.C. Attorney General Karl Racine said. In a statement, Amazon said that sellers on its site set their own prices.

Amazon Says D C Attorney General s Lawsuit Will Force Company to Raise Prices

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.

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