... wait, do I understand correctly that they're seeking a preliminary injunction to block Amazon from doing something illegal while the trial proceeds? Or is price-fixing itself not always illegal, and the question here is whether the price-fixing in question is the illegal kind?Bonta is hoping this evidence will help California secure a preliminary injunction blocking Amazon from any price-fixing while the trial proceeds.
Oh… like apartment rents.Don't worry, even if Amazon is found guilty it won't matter. Soon enough they will just "encourage" their suppliers to use a favored AI platform for pricing across the board, and miraculously prices will go up everywhere. Collusion without the paper trail - just another benefit of using ClaudePrime, Amazon's preferred pricing engine!
The actual requested injunction goes beyond just saying that Amazon would be barred from price fixing. Here’s the full text:... wait, do I understand correctly that they're seeking a preliminary injunction to block Amazon from doing something illegal while the trial proceeds? Or is price-fixing itself not always illegal, and the question here is whether the price-fixing in question is the illegal kind?
If my initial understanding is right, does anyone have enough legal knowledge to comment on whether that's as bizarre as it sounds? ("Your Honor, we maintain that Mr. X has been embezzling. As such, we would like a preliminary injunction blocking him from doing any more embezzling while this trial proceeds." "Objection! If Mr. X can't embezzle, he'll have no livelihood at all.")
That Amazon be enjoined from agreeing with its vendors and non-Amazon retailers to set, fix, control, maintain, stabilize, and/or tamper with retail prices for the vendors’ products at any non-Amazon retailer.
That Amazon be enjoined from:
-agreeing with a non-Amazon retailer, through their common vendor, to break a price match on a product to increase the retail price;
-coercing, requesting, or agreeing with a vendor to act as an intermediary to break a price match with a non-Amazon retailer;
-agreeing with a non-Amazon retailer, through their common vendor, to increase the retail price of a product on a non-Amazon retailer;
-coercing, requesting, or agreeing with a vendor to act as an intermediary to increase the retail price of a product on a non-Amazon retailer; and
-coercing, requesting, or agreeing with a vendor to make a product unavailable on a non-Amazon retailer so that Amazon can increase the retail price.
That Amazon be prohibited from communicating with vendors—whether by phone, in person, or by email, chat, text, or other electronic means—concerning:
-The price of a vendor’s product(s) at any non-Amazon retailer;
-Amazon’s matching of the price of a vendor’s product(s) at any non-Amazon retailer;
-Sales and/or promotions affecting a vendor’s product(s) at any non-Amazon retailer; and
-Whether to remove or withdraw a vendor’s product(s) from any non-Amazon retailer.
That Amazon be prohibited from requesting that vendors pay Amazon money because Amazon is price matching a lower retail price on a product offered by a non-Amazon retailer.
That a monitor be appointed to oversee and enforce Amazon’s compliance with the above injunction.
The unwillingness of our political leadership to change things is not sufficient reason for apathy. It is, in fact, quite the opposite.Guys - this happens more often than you think. Amazon is just the biggest target for scrutiny.
Collusion is incredibly widespread. Especially in the 'move fast and break things' tech industry.
But good luck stopping it. The feds dont care.
Which is what's wild. Breaking up monopolies actually increases shareholder value. I just takes a bit longer than a quarter.I cant see this going anywhere, limiting Monopolies is very damaging to shareholder value.
When was the last time Antitrust was actually pursued and had meaningful reform? Hopefully this will be the start. Walmart, Google, Microsoft, Apple App Store etc etc etc are all based on gaining monopoly power.
Worst comes to worst, John Roberts will just have to protect those poor corporations from any harm via the shadow docket again.I cant see this going anywhere, limiting Monopolies is very damaging to shareholder value.
When was the last time Antitrust was actually pursued and had meaningful reform? Hopefully this will be the start. Walmart, Google, Microsoft, Apple App Store etc etc etc are all based on gaining monopoly power.
It's not just the current regime. It's how the US legal system has been trending for decades. It started in the 1980s:I would say it's well past anti-trust time, but we all know the current regime is pro-trust (if that's a word).
It's Walmart calling the shots on that arrangement though, right? I can't see how it benefits Pepsi other than avoiding being punished by Walmart.This is similar to how Pepsi makes sure that anyone selling their product below Walmart prices suddenly stops receiving discounts or has to pay a higher wholesale price. All to make sure that Walmart has the lowest prices. Pepsi actively price checked other grocery stores prices to see who needed to have their discounts taken away or their wholesale prices raised.
It is so infuriating that even when you chose to shop local or shop at regional chains is that the biggest retailers are working with manufactures/vendors to ensure that those smaller shops or regional chains cannot offer lower prices.
Amazon is consistently identified as America’s lowest-priced online retailer, and we’re proud of the low prices customers find when shopping in our store,” Blafkin said.
I can't speak to vendors for products Walmart resells, but I know from people who were involved in the sales that selling a product to Walmart corporate, they require that you can't offer another company a better deal than what they get, but it sounds very similar.This is similar to how Pepsi makes sure that anyone selling their product below Walmart prices suddenly stops receiving discounts or has to pay a higher wholesale price. All to make sure that Walmart has the lowest prices. Pepsi actively price checked other grocery stores prices to see who needed to have their discounts taken away or their wholesale prices raised.
It is so infuriating that even when you chose to shop local or shop at regional chains is that the biggest retailers are working with manufactures/vendors to ensure that those smaller shops or regional chains cannot offer lower prices.
A few years ago, I wanted to order something from Office Depot. The price the company’s website seemed a bit high, so I checked the price on Amazon. It was much lower even though the Amazon listing showed that the item was sold by and fulfilled by Office Depot. I went ahead and ordered it through Amazon, and sure enough, it arrived in an Office Depot box with an Office Depot packing slip inside. I’ve found the same price difference at times since then. This sounds like the same sort of nonsense described in the article.
Cellular phone providers have been colluding for decades, and at almost every price point. There is zero real competition among T-mobile, AT&T, and Verizon; they just play promotional games (temporarily give someone a good rate to switch to their service,) and every 2 or 3 years shift around a few minor aspects of their plans ("bundled benefits"), give them new names, and call it "innovative."Guys - this happens more often than you think. Amazon is just the biggest target for scrutiny.
Collusion is incredibly widespread. Especially in the 'move fast and break things' tech industry.
But good luck stopping it. The feds dont care.
Collusion requires explicit agreement, not just a tacit avoidance of price competition.Cellular phone providers have been colluding for decades, and at almost every price point. There is zero real competition among T-mobile, AT&T, and Verizon; they just play promotional games (temporarily give someone a good rate to switch to their service,) and every 2 or 3 years shift around a few minor aspects of their plans ("bundled benefits"), give them new names, and call it "innovative."
And all the smaller, piggyback carriers end up at the same price points too ,generally. I think Mint is the only one that doesn't, but not sure if their $15 / line offering is truly equivalent to the common $25 / line offered by many of the budget carriers like Consumer Celluar.
Broadband providers have colluded for decades as well, except less in terms of price points and more in terms of "you stay out of this big market over here, and we'll stay out of that big market over there," effectively giving each of them (Verizon, Comcast, Spectrum) a series of regional monopolies.
The whole thing is FUBAR and for sure no one in this clown administration will lift a finger... except maybe to dismiss any active lawsuits that might be out there.
FTC already dropped case against Walmart and Pepsi after the current administration came to power.Cool. Do Wal-Mart next.
I cant see this going anywhere, limiting Monopolies is very damaging to shareholder value.
When was the last time Antitrust was actually pursued and had meaningful reform? Hopefully this will be the start. Walmart, Google, Microsoft, Apple App Store etc etc etc are all based on gaining monopoly power.
i buy mint by the year and its great. i pay around $200 and get all the service i need (im not a heavy user) for the next year. so far tho hasn't ruined it.Cellular phone providers have been colluding for decades, and at almost every price point. There is zero real competition among T-mobile, AT&T, and Verizon; they just play promotional games (temporarily give someone a good rate to switch to their service,) and every 2 or 3 years shift around a few minor aspects of their plans ("bundled benefits"), give them new names, and call it "innovative."
And all the smaller, piggyback carriers end up at the same price points too ,generally. I think Mint is the only one that doesn't, but not sure if their $15 / line offering is truly equivalent to the common $25 / line offered by many of the budget carriers like Consumer Celluar.
Broadband providers have colluded for decades as well, except less in terms of price points and more in terms of "you stay out of this big market over here, and we'll stay out of that big market over there," effectively giving each of them (Verizon, Comcast, Spectrum) a series of regional monopolies.
The whole thing is FUBAR and for sure no one in this clown administration will lift a finger... except maybe to dismiss any active lawsuits that might be out there.
Yeah, look at mattress stores, eyewear, diamond jewelry, shoe stores, just for starters. Ever notice that on a search for an item, it cattlechutes you, based on location and IP, to amazon, walmart, home depot as top choices? Where are all the mom and pop merchants? their SEO suck? Or even how Walmart vendors are crazy high for prices unless you know what you are looking for.Guys - this happens more often than you think. Amazon is just the biggest target for scrutiny.
Collusion is incredibly widespread. Especially in the 'move fast and break things' tech industry.
But good luck stopping it. The feds dont care.
If the phone maker sets a retail price and requires the sellers to stick to it, that's not the same kind of collusion as T-Mobile, AT&T, and Verizon agreeing to sell the phone for the same price. The former is pretty much standard operating procedure. The latter is price-fixing. I suspect they are smart enough not to do the latter (although, these are terrible companies, you never know).Cellular phone providers have been colluding for decades, and at almost every price point. There is zero real competition among T-mobile, AT&T, and Verizon; they just play promotional games (temporarily give someone a good rate to switch to their service,) and every 2 or 3 years shift around a few minor aspects of their plans ("bundled benefits"), give them new names, and call it "innovative."
And all the smaller, piggyback carriers end up at the same price points too ,generally. I think Mint is the only one that doesn't, but not sure if their $15 / line offering is truly equivalent to the common $25 / line offered by many of the budget carriers like Consumer Celluar.
Broadband providers have colluded for decades as well, except less in terms of price points and more in terms of "you stay out of this big market over here, and we'll stay out of that big market over there," effectively giving each of them (Verizon, Comcast, Spectrum) a series of regional monopolies.
The whole thing is FUBAR and for sure no one in this clown administration will lift a finger... except maybe to dismiss any active lawsuits that might be out there.
Mint is one of my best tech investments. Been paying $15 for years, no inflation, and I've gotten more data for the same price. I'm sure it won't last forever sadly.i buy mint by the year and its great. i pay around $200 and get all the service i need (im not a heavy user) for the next year. so far tho hasn't ruined it.