- cross-posted to:
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- cross-posted to:
- [email protected]
California Attorney General Rob Bonta last night filed a request for a preliminary injunction in California’s existing case against Amazon for price fixing. Attorney General Bonta’s 2022 lawsuit alleged that the company stifled competition and caused increased prices across California through its anticompetitive policies in order to avoid competing on price with other retailers. New evidence paints a clearer and more shocking picture. The motion for a preliminary injunction comes after a robust discovery process where California uncovered evidence of countless interactions in which Amazon, vendors, and Amazon’s competitors agree to increase and fix the prices of products on other retail websites to bolster Amazon’s profits. Time and again, across years and product categories, Amazon has reached out to its vendors and instructed them to increase retail prices on competitors’ websites, threatening dire consequences if vendors do not comply. Vendors, bullied by Amazon’s overwhelming bargaining leverage and fearing punishment, comply — agreeing to raise prices on competitors’ websites (often with the awareness and cooperation of the competing retailer), or to remove products from competing websites altogether. Amazon’s goal is to insulate itself from price competition by preventing lower retail prices in the market at the expense of American consumers who are already struggling with a crisis of affordability.



I would like a thing. All retail commerce has been monopolized by a handful of big box storefronts. One of those storefronts sucks marginally less than the others, such that I can actually find what I want to buy and expect it to be delivered in a timely fashion.
But I shouldn’t shop there because… ???
Damn, so true. We should never have quit shopping at
TargetWalmartSearsWoolworths. Now we live in Capitalist Hell and its all our own fault.You shouldn’t shop there because of their blatantly anti-consumer monopolistic practices.