Amazon BUSTED for Widespread Scheme to Inflate Prices Across the Economy

California Attorney General Rob Bonta alleged Amazon led a price-fixing conspiracy of online retailers to inflate prices across the entire economy. And he's demanding an immediate halt.

BIG by Matt Stoller
I wonder if they also do this in the EU? Price fixing is utterly illegal here - with huge fines if found guilty...

@timbray

Democracy dies while capitalism thrives

"Amazon earned $426 billion of revenue in its 2025 North America online shopping business, which is about $3000 for every household in America"

@timbray they'll pay a fine and continue on 😒
@timbray Go get ‘em, Bonta. Amazon’s been grifting since Day 1.

@timbray Hope his evidence is really damn good.  There's only seven successful price fixing lawsuits since the 1990's in the US.

U.S. Price Fixzing Lawsuits

List of price fixing cases - Wikipedia

@timbray
I'm sure they will blame AI, say sorry and that they will fix it.