California filed a lawsuit against Amazon on Wednesday, claiming that the company limits price competition through its practices.
California Attorney General Rob Bonta filed an antitrust suit against the company. The lawsuit only applies to California, but if it is successful, it could have a major effect on the rest of the country.
“If you think about Californians paying even just a little bit more for every product they purchased online over the course of a year, let alone a decade, which is what is at issue here, the collective magnitude of harm here is very far-reaching,” Bonta said during a press conference, The New York Times reported. “The everything store has effectively set a price floor, costing Californians more for just about everything.”
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