Amazon antitrust lawsuit discharged by Washington, D.C. judge

According to the latest report, a U.S. Supreme Court judge dismissed the Washington, D.C. lawsuit against Amazon’s anti-competitive behavior, arguing that there is no evidence to support the rise in consumer prices.

Washington, D.C. Attorney General Karl Racine sued Amazon last year, alleging that it encourages higher-than-necessary levels of consumer prices by ensuring a minimum profit per item sold while cracking down on merchants on the site to sell more products elsewhere sell ​​items at low prices.

Join tip3x on Telegram

The judge found there was insufficient evidence to support allegations that Amazon was pushing prices. Amazon declined to comment.

“We believe the High Court was wrong,” Racine’s office said in an emailed statement. “Its oral decision appears to have failed to take into account the detailed allegations in the indictment, the full scope of the anticompetitive agreement, the broad briefing, and not to mention, A federal court also recently advanced a nearly identical lawsuit.”

Moreover, Amazon and other tech giants are facing antitrust lawsuits because of the size of their businesses. Federal regulators and the House Judiciary Committee are both investigating Amazon’s business practices, and a lawsuit similar to the one in Washington, D.C., is advancing in Seattle. 

In January, Amazon agreed to pay a $2.25 million settlement and shut down its “Sold by Amazon” program after being charged with price-fixing by the Washington state attorney general.

Amazon has been frequently sued for price-fixing over the years. In a 2019 email to federal regulators, an Amazon merchant accused the company of forcing it to increase prices on other sites.

(via)