‘We were at their mercy’: inside the Amazon tactics that hiked prices across the internet
Internal emails revealed in court and interviews with ex-employees describe how Amazon’s practices drove up prices for competitors like Walmart and Target. Amazon denies price-fixing claims and says it works to lower costs for consumersA “modern leather” table lamp, listed online at Walmart, shot up from $24.99 to $39.
Reported by 1 outlet — The Guardian US. See all sources ↓
Internal emails revealed in court and interviews with ex-employees describe how Amazon’s practices drove up prices for competitors like Walmart and Target. Amazon denies price-fixing claims and says it works to lower costs for consumersA “modern leather” table lamp, listed online at Walmart, shot up from $24.99 to $39. The price of an air fryer on a retail site called Newegg went from $84.99 to $149.99.An electric ice-cream maker was listed at just $17.99 at Amazon and Best Buy. Then it became unavailable at Best Buy, and more than tripled in price to $59.99 at Amazon.
Read the full report at The Guardian US ↗
Why it matters
A world story we're tracking; its significance and source trust firm up as more outlets confirm it.
- What's the story?
- Internal emails revealed in court and interviews with ex-employees describe how Amazon’s practices drove up prices for competitors like Walmart and Target. Amazon denies price-fixing claims and says it works to lower costs for consumersA “modern leather” table lamp, listed online at Walmart, shot up from $24.99 to $39.
- How widely is it covered?
- 1 outlet, average source rating 8.0/10.
- When was it last updated?
- 7m ago.
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- Coverage card1 outlet1CoverageScouting report
‘We were at their mercy’: inside the Amazon tactics that hiked prices across the internet
Sources1TypeCoverageThe Guardian US