Amazon’s Alleged Price-Fixing Targets Walmart, Home Depot
The Amazon.com Inc. logo.
Photographer: Benjamin Girette/BloombergAmazon.com Inc. coerced Levi Strauss & Co. and other prominent brands into an alleged price-fixing scheme that influenced costs for a wide variety of goods on retail websites operated by Walmart Inc., Target Corp., Home Depot Inc., Chewy Inc. and others, according to court documents unsealed Monday.
The filing is part of California Attorney General Rob Bonta’s 2022 antitrust lawsuit alleging Amazon artificially inflated product prices to protect its profit margins. Bonta is seeking to prevent the company from engaging in the alleged price-fixing practices while the lawsuit, scheduled for trial in January 2027, proceeds. His is one of several antitrust cases against the e-commerce giant, which captures about 40 cents of every dollar spent online in the US.