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Amazon Busted for Widespread Scheme to Inflate Prices Across the Economy

https://www.thebignewsletter.com/p/amazon-busted-for-widespread-price
103•toomuchtodo•1h ago

Comments

toomuchtodo•1h ago
https://oag.ca.gov/news/press-releases/attorney-general-bont...

https://oag.ca.gov/system/files/attachments/press-docs/REDAC...

SilverElfin•32m ago
> Vendors, cowed by Amazon’s overwhelming bargaining leverage and fearing punishment, comply—agreeing to raise prices on competitors’ websites (often with the awareness and cooperation of the competing retailer) or to remove products from competing websites altogether

Amazon has been openly doing this for years. They scrape other competitor websites, even though it’s against their terms of service, and if you sell for less elsewhere they find out and punish you. It’s blatantly anti competitive.

freakynit•4m ago
This process can actually be exploited to work against amazon itself.
array4277•28m ago
It is a well-documented fact that Amazon forces it's sellers to "fix" their prices to match the Amazon price. If you sell on Amazon, you're not allowed to sell the same item for less ANYWHERE. This- coupled with Amazon's insane fees- should be a huge red flag to the Consumer Financial Protection Bureau, and maybe a Attorney General can get them to do their damn job and crack down on it... I wouldn't hold my breath though.
zer00eyz•23m ago
https://www.forbes.com/sites/errolschweizer/2025/12/18/how-w...

Why amazon sellers have not opened up a class action lawsuit is beyond me. This case, succeed or fail will surface enough documentation that they may find cause.

sethops1•11m ago
Because Amazon holds all the power and will certainly retaliate. At best such a case could end up in front of a Supreme Court 6-3 in Amazon's favor.
SilverElfin•4m ago
Small companies and individuals cannot pursue expensive lawsuits. It risks their livelihood while it goes through courts over years. And even if you win other big marketplaces may stop doing business with you. Plus class actions are prohibited in many contractual agreements - you’re forced into individual arbitration. It shouldn’t be legal but that’s normal today.
SilverElfin•8m ago
This is why Andy Jassy was a big supporter of BLM in the Biden era and is now funding the Melania documentary in the Trump era. Amazon bribes each administration to avoid the law. Many companies do this though, not just them. Companies worth more than a trillion shouldn’t exist, yet here they are corrupting our entire system.
chuckadams•26m ago
Amazon better watch their step or they might get fined a single-digit percentage of the profits they made off this scheme. That'll show 'em.
cyanydeez•12m ago
Which the goes to the bored of pizza
jackblemming•25m ago
Enough is enough. Executives need to do jail time, no bullshit slap on the wrist nonsense.
netsharc•17m ago
I hear Melania 2 is in production... /S

A long read (which is actually a book review) about corrupt nations: https://archive.is/CBQFY

burnt-resistor•7m ago
Oligopoly gonna ...
freakynit•5m ago
At what levels does greed of people like Bezos, Elon, Gates or Larry comes to a halt?

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