Categories: Latest News

California Files Antitrust Lawsuit Against Amazon for Stifling Competition with Pricing Rules

Published by
Reporter
California Files Antitrust Lawsuit Against Amazon for Stifling Competition with Pricing Rules

California has filed an antitrust lawsuit against Amazon, alleging that the company breached state competition law through its pricing rules. Engadget reports that California has filed an antitrust lawsuit claiming that Amazon has breached both the Cartwright Act and verbally express competition law through its pricing rules. Attorney General Rob Bonta has incriminated the e-commerce giant of stifling competition by obviating sellers from offering their items for lower prices on other sites.

(Photo by Scott Olson/Getty Images) If third-party sellers offer their items for more frugal prices on other platforms, they imperil losing buy buttons, prominent listings, or even access to “Amazon’s” emporium. If the lawsuit is prosperous, Amazon would be ostracized from taking part in any contracts that are deemed anti-competitive and must notify sellers that they are in liberty to abbreviate prices on other platforms.

Amazon would additionally be coerced to pay damages, return “ill-gotten gains,” and appoint a court-approved overseer. In a verbal expression, Amazon verbally expressed that the state of California had the situation “exactly rearwards.” Amazon claims that third-party sellers still have control over prices and inclusion in the “Buy Box” space shows that a deal is competitive. Amazon further argued that the lawsuit would raise prices.

Amazon’s full verbal expression on the latest antitrust lawsuit below:

“Similar to the D.C. Attorney General—whose complaint was dismissed by the courts—the California Attorney General has it exactly backwards. Sellers set their own prices for the products they offer in our store. Amazon takes pride in the fact that we offer low prices across the broadest selection, and like any store we reserve the right not to highlight offers to customers that are not priced competitively. The relief the AG seeks would force Amazon to feature higher prices to customers, oddly going against core objectives of antitrust law. We hope that the California court will reach the same conclusion as the D.C. court and dismiss this lawsuit promptly.”

Amazon has faced incremented scrutiny over its practices in recent months. Breitbart News recently reported that over two dozen groups that are critical of Amazon’s anti-competitive and invasive surveillance practices have urged the FTC to block the company’s acquisition of iRobot. The coalition, including Fight for the Future, Electronic Frontier Foundation, International Brotherhood of Teamsters, and Public Citizen, wrote to the FTC about the recent $1.7 billion cash deal to purchase iRobot.

Read more at Engadget here. Lucas Nolan is a herald for Breitbart News covering issues of free verbalization and online censorship. Follow him on Twitter @LucasNolan


Source: You can read the original Breitbart article here.

This News Article is focused on these topics: Economy, Politics, Tech, Amazon, antitrust, California, Jeff Bezos, Masters of the Universe, monopoly

Recent Posts

Biden Administration Launches Multimillion-Dollar ‘Climate Gender Equity Fund’ to Address Inequalities

Biden Administration Launches Multimillion-Dollar ‘Climate Gender Equity Fund’ to Address Inequalities President Joe Biden promulgated…

5 mins ago

Clark County Sheriff Joe Lombardo Unseats Nevada Democrat Gov. Steve Sisolak

Clark County Sheriff Joe Lombardo Unseats Nevada Democrat Gov. Steve Sisolak Nevada voters have culled…

20 mins ago

Parental-Rights Candidates Win Across Country in Midterms

Parental-Rights Candidates Win Across Country in Midterms Sweeping parental-rights triumphs in the midterms suggest parents…

32 mins ago

Democrat Sen. Mark Kelly Wins Reelection Bid in Arizona

Democrat Sen. Mark Kelly Wins Reelection Bid in Arizona The Arizona Senate race has been…

35 mins ago

GOP Rep. Comer: House Will Investigate Hunter Biden, Fauci, Border Debacle

GOP Rep. Comer: House Will Investigate Hunter Biden, Fauci, Border Debacle Representative James Comer (R-KY),…

50 mins ago

Issa: DeSantis Has ‘Done a Great Job’ and ‘It’s Sour Grapes’ by Trump Not to Give Credit Where It’s Due

Issa: DeSantis Has 'Done a Great Job' and 'It's Sour Grapes' by Trump Not to…

1 hour ago