California is suing Amazon, accusing the online shopping giant of violating the state's antitrust laws.
Federal prosecutors and the Department of Labor are inspecting Amazon warehouses as part of an investigation into unsafe workplace conditions.California is suing Amazon, accusing the company of violating the state's antitrust laws by stifling competition and engaging in practices that push sellers to maintain higher prices on products on other sites.
In the lawsuit, California Attorney General Rob Bonta's office said Amazon used contract provisions to effectively bar sellers from offering lower prices for products on non-Amazon sites, including on the sellers' own websites. That, in turn, harms the ability of other retailers to compete. 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. About 2 million sellers list their products on Amazon's third-party marketplace, accounting for 58% of the company's retail sales.
Despite that defense, Amazon's market power has been a subject of scrutiny from lawmakers and advocacy groups calling for stricter antitrust regulations. Earlier this year, congressional lawmakers urged the Justice Department to investigate if the company collects data on sellers to develop competing products and offer them more prominently on its site. Critics have also lambasted increasing fees imposed on sellers, which makes it more difficult for merchants to enter the market.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Amazon Go’s first Southern California convenience store opens in WhittierA focal point of the store is its made-to-order kitchen, which offers nearly 30 freshly prepared breakfast and lunch items.
Leer más »
Amazon Prime ready to kick off 'Thursday Night Football'Not many people get to be a pioneer at 77 years old, especially in sports broadcasting. That will be the case, though, when Al Michaels calls Thursday night’s game between the Los Angeles Chargers and Kansas City Chiefs on Prime Video.
Leer más »
Former Amazon employees who now work at Google share horror storiesA bunch of Googlers who used to work at Amazon are internally sharing horror stories about their former employer's 'frupid' and aggressive culture
Leer más »
Forest Islands in The Amazon Host Unique Ecosystems, But They're DoomedBuilt in the 1980s, the Balbina Dam is one of dozens of large dams across rivers in the Amazon Basin.
Leer más »