The 20-word clause that exposed Amazon to an antitrust lawsuit ...Middle East

Amazon’s latest legal headache centers on one 20-word clause in a policy all its third-party vendors must follow in order to sell their goods on the e-commerce giant’s platform.In an antitrust lawsuit filed May 25 (PDF), Washington DC attorney general Karl Racine accused Amazon of using these agreements to unfairly dictate how much retailers can charge for their products on other platforms, squashing competition and raising prices for consumers.The clause at the heart of the lawsuit bans third-party sellers from “setting a price on a product or service that is significantly higher than recent prices offered on or off Amazon.” In other words, if a vendor sells a product on Amazon, it can’t se

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