Amazon Accused of Price-Fixing with Rivals

0:00It's April 21st. This is US News Today, AI. Powered stories from across the country. California's Attorney General just dropped some damning emails showing Amazon teaming up with rivals like Walmart and Chewy to jack up prices on stuff from pet treats to eye drops. In one exchange, Amazon nudged Chewy to hike prices right alongside them, sticking shoppers with higher tabs. They even leaned on Levi's about docker's khaki selling cheap at Walmart, and Levi's got Walmart to bump those to $29.99. Since, Attorney General Rob Bonta called it straight up price fixing, saying Amazon's colluding to make life less affordable for everyday folks. Amazon fire back, claiming their Americas go to for the lowest online prices, and dismissing the whole thing as a weak distraction. This builds on a lawsuit, bonds to file back in 2022, accusing Amazon of anti-competitive tricks that force merchants into deals keeping. Prices artificially high, and killing competition.

1:02The battles far from over, Amazon plans to fight it out in court while consumers keep watching their shopping carts get pricier.