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May 26, 2021

Washington, D.C's Attorney General Files Antitrust Lawsuit Against Amazon
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The attorney general for Washington, D.C., has filed an antitrust
lawsuit against Amazon, which he accuses of fixing prices to charge
consumers more and maintain its monopoly power. This is D.C. Attorney
General Karl Racine speaking on Bloomberg TV.

Attorney General Karl Racine: "They require sellers first to pay it,
Amazon, a very significant commission, upwards to 40%, for a good. Then
it requires the sellers to not provide for access to their product on
any other site, including the seller's own site, for a price lower than
that which they sell it on Amazon. That means that you and I are locked
into buying a good at an artificially high price set by Amazon."



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