Amazon BUSTED for Widespread Scheme to Inflate Prices Across the Economy
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. “Amazon tells vendors what prices it wants to see to maintain its own profitability,” Bonta alleged. “Amazon can do this because it is the world’s largest, most powerful online retailer.” His claim is that Amazon has been forcing vendors who sell on and off the platform to raise prices, and cooperating with other m...
Read more at thebignewsletter.com