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US court dismisses DC antitrust lawsuit against Amazon

FILE PHOTO: The Amazon logo can be seen on the door of an Amazon Books retail store in New York
FILE PHOTO: The Amazon logo is seen on the door of an Amazon Books retail store in New York City, the United States, on February 14, 2019. REUTERS/Brendan McDermid/File Photo/File Photo

March 19, 2022

(Reuters) – A US court on Friday dismissed a lawsuit against Amazon.com Inc accusing the company of antitrust violations for preventing third-party sellers from offering better deals on their products elsewhere.

Judge Hiram Puig-Lugo of the District of Columbia Superior Court granted Amazon’s motion to dismiss the lawsuit filed by Attorney General Karl Racine of Washington DC last year.

“We believe the Supreme Court misunderstood this, and its oral decision appeared to disregard the detailed allegations in the complaint and a recent decision by a federal court to allow a near-identical lawsuit,” prosecutors spokesman-general said in a emailed statement, adding that the office is considering its legal options.

The decision contained no reason for dropping the case.

Amazon did not immediately respond to a Reuters request for comment.

Racine claimed the online retailer’s policies could drive prices up for a given product on platforms that compete with Amazon, as its prices include fees that can add up to 40% of the total price.

Amazon on Thursday inked an $8.5 billion deal to buy MGM, bringing together the storied filmmaker behind “Rocky” and James Bond with the Seattle-based retail giant to entice consumers with more streaming video.

(Reporting by Rhea Binoy in Bengaluru; Editing by William Mallard)

https://www.oann.com/u-s-court-dismisses-d-c-antitrust-lawsuit-against-amazon/?utm_source=rss&utm_medium=rss&utm_campaign=u-s-court-dismisses-d-c-antitrust-lawsuit-against-amazon US court dismisses DC antitrust lawsuit against Amazon

DUSTIN JONES

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