Amazon, which has faced numerous lawsuits over the way it limits competition and treats its workers, is now being sued by Washington D.C. Attorney General Karl A. Racine, who is claiming that the giant company is preventing its hundreds of thousands of third-party vendors from selling their products cheaper on other sites.
“Racine’s office accused the company of fixing prices through contract provisions with third-party sellers who peddle their products on its platform,” according to a Tuesday story in the Washington Post, which of course is owner by Amazon CEO Jeff Bezos.
“The attorney general said that Amazon prevents sellers from offering their products at lower prices or on better terms on any other online platforms, including their own websites, and that that prohibition results in artificially high prices across e-commerce sales. “That prohibition results in artificially high prices across e-commerce sales.”
Racine said, “Amazon has used its dominant position in the online retail market to win at all costs,” by maximizing its profits “at the expense of third-party sellers and consumers, while harming competition, stifling innovation, and illegally tilting the playing field in its favor.”
Washington D.C. Attorney General Karl A. Racine
