California Accuses Amazon of Collusion to Raise Consumer Prices
California has accused Amazon (AMZN) of colluding with retailers to increase consumer prices, citing new evidence in an ongoing antitrust case. The state alleges that Amazon worked with companies like Levi Strauss to influence pricing at Walmart, Home Depot, and Chewy. Amazon has denied the claims, stating its agreements are legal and beneficial to consumers.
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Topics: Amazon antitrust California collusion legal action price fixing