business / news / / The Associated Press
California's attorney general is suing Amazon, accusing the company of violating antitrust laws.
Amazon pressured vendors like Walmart to raise product prices on their own websites.
KEY POINTS
- Amazon allegedly threatened vendors with penalties if they did not increase competing site prices.
- Levi Strauss communicated with Walmart to restore khaki pants pricing after Amazon’s prompting.
- California's lawsuit claims Amazon’s price fixing covers many goods beyond apparel, including home decor and pet care.
- Attorney General Bonta may pursue legal action against additional retailers or vendors in the future.
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Summarized by Newsio from The Associated Press. How we summarize →