California Accuses Amazon of Price Fixing in Legal Filing

California's Attorney General speaks at a press conference announcing the state's legal complaint against Amazon for alleged price fixing, with a backdrop of the state seal and reporters in attendance.

According to the filing, the state alleges that Amazon has used its dominant market position to manipulate prices and maintain high profit margins, violating California’s antitrust laws. For more on corporate behavior and its implications, see our article on China expressing concerns over U.S. actions amid the Iran conflict. California’s Attorney General has stated that … Read more