Does Amazon illegally price fix?

Does Amazon illegally price fix? “Yesterday, California Attorney General Rob Bonta filed for an immediate halt to what he says is a widespread price-fixing scheme run by the largest online retailer in America, Amazon.” The piece argues Amazon leverages the Buy Box and vendor pressure so prices rise not only on Amazon, but across other retailers too. The core issue is that Amazon will lower its prices automatically to match competitors, or else suppress merchant listings. This argument seems a bit twisted but may not be totally wrong. Next up, a California judge will get to rule on the issue. ~ learn more

Leave a Reply

Your email address will not be published. Required fields are marked *