Major lawsuit over alleged Amazon price-fixing could benefit Canadians
Summary
A proposed class-action lawsuit filed by Quebec law firm Lex Group alleges that Amazon engaged in a price-fixing scheme that artificially inflated prices across multiple online marketplaces. The lawsuit, filed in the Superior Court of Quebec on April 21, mirrors a similar U.S. case announced in April 2022 by California Attorney General Rob Bonta. The allegations state that Amazon instructed vendors to "manage" their prices on competing retailers' websites to keep them high, using threats of penalties to ensure compliance. The company is also accused of training employees to avoid creating records of these discussions. The lawsuit seeks damages, penalties, and an injunction to stop the alleged conduct. Eligible Canadian residents who purchased products on Amazon.ca or Amazon.com since January 1, 2018, may be entitled to compensation, though the specific amount has not yet been determined. Amazon has stated that the claims lack merit.
(Source:MobileSyrup)