DC's antitrust case against Amazon comes back to life

An appeals court has revived a three-year-old antitrust lawsuit against Amazon, filed by the Attorney General of Washington, DC. The lawsuit, initially dismissed in 2022, accuses Amazon of illegally raising consumer prices by penalizing third-party sellers who offer lower prices elsewhere. The court found that the allegations suggest Amazon could possess or be close to achieving monopoly power in the online retail market. This case adds to Amazon's growing list of antitrust challenges, including investigations by the Federal Trade Commission and UK regulators. The current AG vows to combat Amazon's allegedly unfair practices, impacting consumer prices and innovation. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: Engadget