
Amazon Accused of Price Fixing with Rivals
About this episode
Californias Attorney General uncovers Amazons alleged price-fixing scheme with rivals like Chewy and Walmart, leading to higher costs for consumers. Amazon denies the claims, but the revelations add fuel to a ongoing antitrust lawsuit, raising concerns about big techs impact on shopping prices.
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US News Today | 2 Min News | The Daily News Now! — Amazon Accused of Price Fixing with Rivals. Machine-transcribed; use the interactive transcript above to jump the player to any line.
It's April 21st, I'm Corey with The Story, and this is US News Today, your AI-powered national briefing. California's Attorney General just dropped some damning emails showing Amazon scheming with rivals like Chewy and Walmart to hide prices on stuff from. Pet treats to eye drops. One email reveals Amazon pushing Chewy to bump up prices right alongside them, sticking shoppers with higher tabs. Then there's Levi's getting nudged, because Walmart was undercutting on Docker's khakis. This convinced Walmart to jack at $29, and $99. Attorney General Rob Bonta blasted this as straight up price fixing, saying Amazon's colluding to make life less affordable for everyday folks. Amazon fire back, calling it a weak distraction and bragging their America's go-to for the lowest online prices. This ties into a bigger antitrust lawsuit, Bonta filed back in 2022, accusing Amazon of bullying sellers into deals that kill competition, and inflate costs across the state.
As the core battle heats up, these leagues spotlight how big tech tactics could be quietly patting your shopping bill. Keep an eye on what happens next.
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