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Newly Unsealed Records Reveal Amazon's Price-Fixing Tactics

Slashdot·BeauHD·about 1 month ago
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Newly unsealed records in California's antitrust case against Amazon allegedly show the company pressured third-party sellers to raise prices on rival sites like Walmart, Target, and Wayfair so Amazon could maintain the appearance of offering the lowest price. California says Amazon used tools like Buy Box suppression to punish cheaper listings elsewhere. The Guardian reports: [...] In one previously redacted deposition, marked "highly confidential," Mayer Handler, owner of a clothing company called Leveret, testified that he received an email in October 2022 from Amazon notifying him that one of his products was "no longer eligible to be a featured offer" through Amazon's Buy Box. The tech giant, he testified, had suppressed the item, a tiger-themed, toddler's pajama set, because his company was selling it for $19.99 on Amazon, a single cent higher than what his company was offering it for on Walmart.…

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