California Sues Amazon for Price-Fixing

0:00It's April 20th. This is Canada News Today, powered by AI, I'm Cory with the story. California's Attorney General Rob Bonza is hitting Amazon with an anti-trust lawsuit, claiming the tech giant strong arms vendors into jacking up. Prices on rival sites like Walmart to protect its own low price edge. The suit kicked off in 2022 in San Francisco Court, with trials set for next year, but Bonza wants an immediate judges order to halt. These moves that allegedly punish sellers for cheaper listings elsewhere. Amazon fired back, calling the claims a weak distraction and touting itself as America's go-to for the lowest online deals, while Walmart stayed mum. Since it's not directly sued, and Levi Strauss hasn't chimed in yet, fresh details from court ducks show Amazon pressuring brands over everyday items like Home Decor, Garden Gear, and Pet Supplies, for instance Flagging. Pete khakis on Walmart to Levi, who then pushed prices back to $29.99.

1:01A preliminary injunction hearing hits in July, and while Bonza's laser focused on Amazon as the ringleader, he left the door open to target other. Players, potentially rewriting how online shopping prices play out.