A California lawsuit claims Amazon thwarted the ability of other online retailers to compete by hamstringing its own third-party sellers.
California has filed a lawsuit against Amazon, alleging the company stifled competition and caused prices to increase across the state.
"For years, California consumers have paid more for their online purchases because of Amazon's anticompetitive contracting practices," Bonta said in a statement."Amazon coerces merchants into agreements that keep prices artificially high, knowing full well that they can't afford to say no. With other e-commerce platforms unable to compete on prices, consumers turn to Amazon as a one-stop shop for all their purchases.
Sellers say they pay less in fees on other sites and could sell their products for lower prices, but do not because"if we do, Amazon will disqualify [our] offers from the Buy Box," according to the lawsuit.
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