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Here’s how Amazon’s price fixing allegedly drove up prices everywhere

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Key summary

2 min read
  1. California Attorney General Rob Bonta released court filings alleging Amazon pressured vendors and rival retailers to raise prices or remove cheaper listings.

  2. The state says Amazon used that leverage to keep its own prices lowest around events like Prime Day.

  3. If proven, the allegations would show a major retailer using market power to distort competition and lift consumer prices.

  4. The case could have broad implications for pricing across stores such as Walmart, Target, Best Buy, Chewy and others.

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