California is suing Amazon, accusing the company of violating the state's antitrust and unfair competition laws by allegedly stifling competition and forcing sellers to maintain higher prices on their products on other sites.
California is suing Amazon, accusing the company of violating the state's antitrust and unfair competition laws by allegedly stifling competition and forcing sellers to maintain higher prices on their products on other sites.
But officials in California believe they won't encounter a similar fate, partly due to information collected during a more than two-year investigation that involved subpoenas and interviews with sellers, Amazon's competitors as well as current and former employees at the company.Seattle-based Amazon controls roughly 38% of online sales in the U.S., more than that of Walmart, eBay, Apple, Best Buy and Target combined, according to the research firm Insider Intelligence.
He said the lawsuit is also a message to other companies who"illegally bend the market at the expense of California consumers, small business owners and the economy."
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