TLDR · MISCELLANEOUS
CALIFORNIA ACCUSES AMAZON OF PRICE FIXING IN LEGAL FILING
Summary from the TLDR newsletter
Amazon reportedly pressured major brands to ask competing retailers to raise prices on certain products. California is suing Amazon over allegations that the retailer harms competition and increases prices that consumers pay online. The lawsuit claims that Amazon punished sellers for offering lower prices on other websites. The trial is scheduled to begin next year.