Court documents claim Amazon involved in money scheme with other brands

from KCBS Bloomberg Tech and Business Report

This is our daily Tech and Business report. KCBS Radio News Anchor Margie Shafer spoke with Bloomberg's Spencer Soper. Newly unsealed court documents reveal the details of an antitrust lawsuit against Amazon by the state of California. The state alleges that Amazon engaged in a price fixing scheme, pressuring major brands to raise prices on competitors' websites, claims which Amazon denies.

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This episode was published on April 20, 2026.

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