Amazon sued in US over allegations it inflates online prices and overcharges sellers

Amazon sued in US over allegations it inflates online prices and overcharges sellers

Washington: US regulators and 17 states are suing Amazon over allegations the e-commerce behemoth abuses its position in the marketplace to inflate prices on and off its platform, overcharge sellers and stifle competition. The lawsuit, filed Tuesday in federal court in Amazon’s home state of Washington, is the result of a years-long investigation into the … Read more