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Newly unsealed emails reveal the sneaky ways that Amazon colludes with rivals to raise prices across the Internet.
Newly unsealed emails reveal Amazon coordinated with rivals to intentionally raise prices across major product categories.
KEY POINTS
- Amazon pressured vendors to remove lower-priced products from competing platforms, especially before major sales events.
- Emails show vendors urgently complied with Amazon's price-hike requests, sometimes increasing prices within a day.
- Amazon allegedly instructs employees to avoid written discussions of price-fixing, preferring calls due to the delicacy.
- California alleges explicit price-fixing by Amazon is systemic and has cost consumers millions in higher prices.
COMPANIES
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