California sues Amazon, alleges tech giant stifled competition ...Middle East

California Attorney General Rob Bonta (D) sued Amazon Wednesday, alleging the e-commerce giant has stifled competition in a way that’s increased prices for California consumers.  The lawsuit alleges that Amazon requires merchants to enter into agreements that penalize them if their products are offered for a lower price for sale off Amazon, leading to higher prices for consumers. “Amazon makes consumers think they are getting the lowest prices possible, when in fact, they cannot get the low prices that would prevail in a freely competitive market because Amazon has coerced and induced its third-party sellers and wholesale suppliers to enter into anticompetitive agreements on price,”

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