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California sues Amazon for alleged antitrust violations, price hikes and competition crackdown – WSJ

The state sued Amazon.com Inc. (AMZN) on Wednesday, claiming that the online retail giant’s contracts with third-party sellers and wholesalers inflated prices and stifled competition, violating the company’s antitrust laws and regulations. California, the California Attorney General said. .

California Attorney General Rob Bonta announced that his office has filed a lawsuit in the San Francisco Superior Court to try to block Amazon’s policies that he says prevent merchants from offering lower prices through rival sites.

According to a copy seen by the Wall Street Journal, the lawsuit asks the court to stop Amazon from continuing to implement policies and appoint an ombudsman to ensure that the company abides by the rules. The lawsuit also asks for an unspecified amount of damages for damages to the California economy and a $ 2,500 fine for each state civil and professional code violation proven at trial.

The lawsuit is Amazon’s biggest legal challenge in the United States, after the company was previously sued by the District of Columbia and is now under investigation by the Federal Trade Commission (FTC), the European Union and a congressional committee.


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