Amazon Sued by D.C. AG in Antitrust Suit Over Pricing

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Amazon Sued by D.C. AG in Antitrust Suit Over Pricing

Bloomberg2021-05-26

(Bloomberg) -- Amazon.com Inc. was sued by the attorney general for Washington, D.C., who accused the online retail giant of engaging in anticompetitive practices that have raised prices for consumers...

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Comment（38）

SaveHK
·2021-06-01
Best opportunity to buy low and sell high. All the way to the moon. Safemoon all the way???
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Chris68
·2021-05-30
Hope Amazon will get out this saga soon!
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1
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Matilda
·2021-05-26
Ok
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1
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Adzimovic
·2021-05-26
Oh no. Comment and like
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- SaveHK:
  nice.
  2021-06-01
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YiHong
·2021-05-26
Wait n see then .. load n ready
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1
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- AnT:
  yes agreed
  2021-05-27
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Deonc
·2021-05-26
ok
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2
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bryancyh99
·2021-05-26
Nice
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4
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mummumtumtum
·2021-05-26
Someone please help to explain why Amazon preventing vendors from listing a lower price on other platform is making consumers pay more?I thought that's a right business decision. If the vendor wishes to lower the price then do it across the all platforms. Win~win for all.
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2
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FrankieOng
·2021-05-26
Wow ! [白眼]
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5
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TSENR3
·2021-05-26
Game on.. shall wait for the outcome
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3
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Benzz
·2021-05-26
Nice
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3
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Nez
·2021-05-26
All the same
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- Benzz:
  Good
  2021-05-26
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SKCraft
·2021-05-26
Same play as China Alibaba
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- Benzz:
  Good hood
  2021-05-26
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KeeBoonTong
·2021-05-26
Like and comment
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- Nez:
  Done, PlS like and comment too
  2021-05-26
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- KeeBoonTong:
  muack
  2021-05-26
  Reply
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simis
·2021-05-26
Like and comment pls. Thks ??
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4
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- tkltkl:
  Done
  2021-05-26
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- zhen130:
  Pls help me
  2021-05-26
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Rem35
·2021-05-26
? l&c
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- Rem35:
  ??
  2021-05-27
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- tkltkl:
  Learnt l&c
  2021-05-26
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ppyys
·2021-05-26
Please like comment?
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- tkltkl:
  Like
  2021-05-26
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- zhen130:
  Pls reply
  2021-05-26
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Derpinerp
·2021-05-26
Prohibit lower prices on rival platforms just list on the same price? Why would it lead to higher prices?
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Ekraaj
·2021-05-26
?
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Alfred1007
·2021-05-26
Looks like another repeat of China Axxbaxx incident...
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AG in Antitrust Suit Over Pricing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 08:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/amazon-accused-antitrust-violations-washington-153714190.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Amazon.com Inc. was sued by the attorney general for Washington, D.C., who accused the online retail giant of engaging in anticompetitive practices that have raised prices for consumers...</p>\n\n<a href=\"https://finance.yahoo.com/news/amazon-accused-antitrust-violations-washington-153714190.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QNETCN","symbol_name":"纳斯达克中美互联网老虎指数","start_time":0,"source_url":"https://finance.yahoo.com/news/amazon-accused-antitrust-violations-washington-153714190.html","article_id":"2138195510","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2138195510","pubTimestamp":1621987813,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"(Bloomberg) -- Amazon.com Inc. was sued by the attorney general for Washington, D.C., who accused th","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","WMT":"沃尔玛","GOOG":"谷歌","AMZN":"亚马逊","03086":"华夏纳指","09086":"华夏纳指-U","GOOGL":"谷歌A","AAPL":"苹果"},"translate_title":"亚马逊被D.C.AG反垄断起诉定价","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03086":0.9,"09086":0.9,"AAPL":0.9,"AMZN":0.9,"FB":0.9,"GOOG":0.9,"GOOGL":0.9,"QNETCN":0.9,"WMT":0.9},"content_text":"(Bloomberg) -- Amazon.com Inc. was sued by the attorney general for Washington, D.C., who accused the online retail giant of engaging in anticompetitive practices that have raised prices for consumers.Amazon’s policies governing third-party sellers prohibit them from offering products at lower prices on rival platforms, which has led to artificially high prices for consumers and let the company build monopoly power, Karl Racine said.“Amazon is increasing its dominant stronghold on the market and illegally reducing the ability of other platforms to compete for market share,” Racine said Tuesday on a conference call with reporters announcing the case.Amazon shares rose 0.43% to $3259.05 on Tuesday. The company didn’t immediately respond to a request for comment.Amazon merchants and their consultants in 2019 told Bloomberg that Amazon’s practices forced them to raise prices on other sites such as Walmart Inc. If Amazon detected lower prices on other sites, it would bury their products in Amazon search results, where they got most of their sales. Some of the merchants were eager to grow their sales on other sites, but Amazon’s policies prevented them from offering lower prices elsewhere to lure shoppers away.The lawsuit is the sixth antitrust case against a major U.S. tech company filed in the last year by state and federal officials. The U.S. Justice Department and a group of states sued Alphabet Inc.’s Google last year, accusing the company of abusing its dominance in internet search. That case was followed by two separate complaints against Google filed by other states over search and digital advertising. 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All the way to the moon. Safemoon all the way???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/119006039","repostId":2138195510,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":137509919,"gmtCreate":1622357174131,"gmtModify":1704183434395,"author":{"id":"3575974639321365","authorId":"3575974639321365","name":"Chris68","avatar":"https://static.tigerbbs.com/1ae39a12c3ba237f3b001689ec9a549b","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3575974639321365","authorIdStr":"3575974639321365"},"htmlText":"Hope Amazon will get out this saga soon!","listText":"Hope Amazon will get out this saga soon!","text":"Hope Amazon will get out this saga soon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/137509919","repostId":2138195510,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":136494531,"gmtCreate":1622034346023,"gmtModify":1704178199122,"author":{"id":"3562299666283137","authorId":"3562299666283137","name":"Matilda","avatar":"https://static.tigerbbs.com/a56b449b5f02707f34ba8f83016060ef","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3562299666283137","authorIdStr":"3562299666283137"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136494531","repostId":2138195510,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":136249508,"gmtCreate":1622023440904,"gmtModify":1704366262481,"author":{"id":"3579820002234594","authorId":"3579820002234594","name":"Adzimovic","avatar":"https://static.tigerbbs.com/0ac006e663765b8d4d78abc4433b3ba9","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3579820002234594","authorIdStr":"3579820002234594"},"htmlText":"Oh no. Comment and like","listText":"Oh no. Comment and like","text":"Oh no. Comment and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/136249508","repostId":2138195510,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4522629,"gmtCreate":1622507196370,"gmtModify":1680792266239,"authorId":3570678493691973,"author":{"id":3570678493691973,"idStr":"3570678493691973","authorId":3570678493691973,"name":"SaveHK","avatar":"https://static.tigerbbs.com/89b74f5799a23844400ed6de94296d38","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":136249508,"type":1,"supId":0,"prevId":0,"content":"nice.","text":"nice.","html":"nice."}],"langContent":"EN"},{"id":136611916,"gmtCreate":1622013261835,"gmtModify":1704366061218,"author":{"id":"3583300256656806","authorId":"3583300256656806","name":"YiHong","avatar":"https://static.tigerbbs.com/e9db06db2c32d8e547d8c285ff4309bf","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3583300256656806","authorIdStr":"3583300256656806"},"htmlText":"Wait n see then .. load n ready","listText":"Wait n see then .. load n ready","text":"Wait n see then .. load n ready","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/136611916","repostId":2138195510,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4467939,"gmtCreate":1622095320277,"gmtModify":1680791291626,"authorId":3578200234343382,"author":{"id":3578200234343382,"idStr":"3578200234343382","authorId":3578200234343382,"name":"AnT","avatar":"https://static.tigerbbs.com/a777c54118c03953e7be94b2700b9768","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":136611916,"type":1,"supId":0,"prevId":0,"content":"yes <u>agreed</u>","text":"yes <u>agreed</u>","html":"yes <u>agreed</u>"}],"langContent":"EN"},{"id":136619967,"gmtCreate":1622013118159,"gmtModify":1704366058627,"author":{"id":"3569316529855154","authorId":"3569316529855154","name":"Deonc","avatar":"https://static.tigerbbs.com/d9aa45dd2eb58357f6477dcfb99d1415","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"3569316529855154","authorIdStr":"3569316529855154"},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136619967","repostId":2138195510,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":136141536,"gmtCreate":1622001797625,"gmtModify":1704365853013,"author":{"id":"3577660167902155","authorId":"3577660167902155","name":"bryancyh99","avatar":"https://static.tigerbbs.com/753a28c8849ea9234f42c65918153213","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3577660167902155","authorIdStr":"3577660167902155"},"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136141536","repostId":2138195510,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":136156967,"gmtCreate":1622001302159,"gmtModify":1704365842642,"author":{"id":"3581079319641993","authorId":"3581079319641993","name":"mummumtumtum","avatar":"https://static.tigerbbs.com/1314a5de0c397dde3e609fa1f0de4fba","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581079319641993","authorIdStr":"3581079319641993"},"htmlText":"Someone please help to explain why Amazon preventing vendors from listing a lower price on other platform is making consumers pay more?I thought that's a right business decision. If the vendor wishes to lower the price then do it across the all platforms. Win~win for all.","listText":"Someone please help to explain why Amazon preventing vendors from listing a lower price on other platform is making consumers pay more?I thought that's a right business decision. If the vendor wishes to lower the price then do it across the all platforms. Win~win for all.","text":"Someone please help to explain why Amazon preventing vendors from listing a lower price on other platform is making consumers pay more?I thought that's a right business decision. If the vendor wishes to lower the price then do it across the all platforms. Win~win for all.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136156967","repostId":2138195510,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":136163437,"gmtCreate":1621999807229,"gmtModify":1704365810624,"author":{"id":"3581713358975846","authorId":"3581713358975846","name":"FrankieOng","avatar":"https://static.tigerbbs.com/992958a7fa3bb1fe9587bdf97f936d73","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581713358975846","authorIdStr":"3581713358975846"},"htmlText":"Wow !&nbsp;[白眼]&nbsp;","listText":"Wow !&nbsp;[白眼]&nbsp;","text":"Wow ! [白眼]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136163437","repostId":2138195510,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":136160319,"gmtCreate":1621999668031,"gmtModify":1704365807534,"author":{"id":"3584655084310997","authorId":"3584655084310997","name":"TSENR3","avatar":"https://static.tigerbbs.com/02c7cd50655930bda46aef01d6a5ad53","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3584655084310997","authorIdStr":"3584655084310997"},"htmlText":"Game on.. shall wait for the outcome","listText":"Game on.. shall wait for the outcome","text":"Game on.. shall wait for the 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the same","listText":"All the same","text":"All the same","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/136135213","repostId":2138195510,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4452288,"gmtCreate":1621999331696,"gmtModify":1680791014828,"authorId":3570593382729221,"author":{"id":3570593382729221,"idStr":"3570593382729221","authorId":3570593382729221,"name":"Benzz","avatar":"https://static.tigerbbs.com/05492ca80eadb47ced7a52ab97d09507","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 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