Amazon BUSTED for Widespread Scheme to Inflate Prices Across the Economy— Amazon, its vendors, and competing retailers are price fixing, hiking up prices for consumer products, making Amazon richer

https://lemmus.org/post/20432276

There was a time when Amazon was not full of scummy rip-off products, when it was not playing games with prices, when it was not a cloud-computing powerhouse, and you know what happened?

That’s right, they crushed their adversaries (retail shopping) and earned billions in profits. They won.

But somehow that’s not enough winning, there isn’t enough winning until all the value has been vacuumed up from the world.

The other commenters here are right about Amazon’s initial methods, but I’m also going to highly recommend Cory Doctorow’s Enshittification for a detailed explanation of how this happens (including a breakdown on Amazon specifically) and what to do about it.