The Technology 202: A new antitrust lawsuit raises the stakes for federal scrutiny of Amazon

Photo: Karl Racine, District of Columbia attorney general, speaks during a news conference. Photo ©  Andrew Harrer / Bloomberg. Article by Cat Zakrzewski with Aaron Schaffer. The Washington Post – May 26, 2021.

A new D.C. antitrust lawsuit against Amazon escalates pressure on Washington to take on the e-commerce giant.

D.C. Attorney General Karl A. Racine yesterday brought a lawsuit against Amazon, which alleged its abusing what it argues is monopoly power leading to higher prices for consumers, as Rachel Lerman and I reported yesterday. Racine accused the company of fixing prices through the terms and agreements it has with third-party sellers. The suit alleges that Amazon prevents them from selling their products at lower prices on any other online platforms, leading to “artificially high” prices across the Internet. (Amazon founder Jeff Bezos owns The Washington Post.) […]

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