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District of Columbia accuses Amazon of unfair pricing strategies in new suit

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Reuters

WASHINGTON (Reuters) -Washington, DC’s attorney general filed a lawsuit against Amazon.com on Tuesday, alleging the online retailer broke antitrust law by requiring that third-party sellers not offer better deals for their products elsewhere. Attorney General Karl Racine said Amazon requires third party sellers to give its customers the same or better prices than they offer elsewhere. But since Amazon’s prices include fees, which can run as high as 40 percent of the total price, Racine said the policy could make prices for the same product more expensive on platforms that compete with Amazon. …

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