All NewsEducationTV
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
All NewsHome
← Back to US Politics & Policy

Judge likely to deny California's bid to stop Amazon's alleged price fixing

Created at 27 Aug · 9:28 PM1 source↑ Market-relevant
IN SHORT

A California judge indicated he was likely to deny a request to block Amazon from allegedly fixing prices by pressuring rivals to raise their prices, a setback for California Attorney General Rob Bonta's case.

Key Numbers

2022year California sued Amazon
2023year of evidence cited by judge

Who's Involved

Rob Bonta
California Attorney General suing Amazon
Amazon
Online retailer accused of price fixing
Ethan Schulman
San Francisco Superior Court judge
Levi Strauss
Brand allegedly pressured by Amazon
Allergan
Brand allegedly pressured by Amazon
Hanes
Brand allegedly pressured by Amazon
Walmart
Rival retailer allegedly prodded by Amazon
Target
Rival retailer allegedly prodded by Amazon

↳ Why This Matters

The judge's likely denial of the preliminary injunction could allow Amazon to continue its alleged price-fixing practices while the case proceeds to trial, potentially impacting consumer prices and market competition.

Key facts

  • A California judge indicated he was likely to deny a request to block Amazon from allegedly fixing prices.
  • The state's Attorney General, Rob Bonta, sued Amazon in 2022, alleging anticompetitive practices.
  • Evidence suggested Amazon pressured brands like Levi Strauss and Hanes to encourage rivals like Walmart and Target to raise prices.
  • The judge expressed skepticism about the state's evidence, citing its reliance on 2023 data.
  • The case is scheduled for trial in January.

A California judge indicated on Thursday that he was likely to deny a request to block Amazon from allegedly fixing prices by pressuring rivals to raise their prices. This ruling represents a setback for California Attorney General Rob Bonta's case against the online retailer.

Bonta sued Amazon in 2022, accusing the company of using its dominance in online retail with anticompetitive tactics that ultimately increase prices for consumers. In April, Bonta's office stated it had uncovered evidence showing Amazon had obtained commitments from brands, including Levi Strauss, Allergan, and Hanes, to encourage online competitors such as Walmart and Target to increase their prices. The goal, according to the state, was to prevent Amazon from being undercut.

Judge Ethan Schulman of San Francisco Superior Court expressed skepticism at a hearing on Thursday, noting that the state's request relied on evidence from 2023. He tentatively ruled to deny the request, though a final decision is pending the conclusion of the hearing.

A spokesperson for Bonta acknowledged the ruling was disappointing but stated the office looks forward to the trial. "We continue to believe that Amazon’s ongoing price fixing behavior is harming California consumers," the spokesperson said. The case is currently scheduled for trial in January.

Frequently asked questions

Amazon is accused of using anticompetitive tactics to fix prices by pressuring brands to encourage rivals like Walmart and Target to raise their prices.

California Attorney General Rob Bonta sought to block Amazon from illegally fixing prices.

Judge Ethan Schulman expressed skepticism about the state's evidence, particularly its reliance on 2023 data, and indicated he was likely to deny the request.

The case is scheduled to go to trial in January.

What Happens Next

01A final decision on the request to block Amazon will be made after the hearing.
02The case is scheduled for trial in January.

How It Developed

California sued Amazon in 2022, accusing it of anticompetitive tactics.
In April, California alleged Amazon pressured brands to prod rivals to raise prices.
A judge expressed skepticism about the state's evidence and indicated he would likely deny the request to block Amazon.
California's Attorney General's office called the ruling disappointing but remains committed to the case.
The case is scheduled for trial in January.

Sources

T1
Judge likely to deny California's bid to stop Amazon's alleged price fixingReuters

Related Stories

US FTC probes YouTube over user account suspensions
27 Aug · 11:06 PM
Rob Bonta: Paramount case differs from Meta litigation
27 Aug · 1:11 PM
KKR to pay $250M to settle U.S. antitrust case over merger filing violations
27 Aug · 1:46 AM
Court Approves Bank of America's $72.5 Million Settlement With Epstein Accusers
27 Aug · 4:30 PM
UN urges social media reform, citing Meta settlement
27 Aug · 7:46 PM