DC Attorney General Launches Antitrust Suit Against Amazon
On Tuesday, May 25, 2021, DC (District of Columbia) Attorney General Karl Racine launches antitrust suit against Amazon. The suit accuses the company of stifling competition through Market place pricing requirements involving its e-Commerce platform. Amazon, an e-commerce giant, is accused of suppressing competition by placing strict conditions on what third-party sellers (TPS) can do outside of the company’s platform. “Amazon’s policies have prevented competing platforms, including sellers’ own websites, from competing on price and gaining market share,” Racine said in a press call. “The loss of competition results in less innovation.” The lawsuit styled District of Columbia v. Amazon.com, Inc., is filed for...
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