Unsealed court documents allege that Amazon.com Inc. coerced major brands, including Levi Strauss & Co., into a price-fixing scheme that impacted costs across the retail sector. According to the filings, the arrangement influenced pricing for a wide variety of goods on websites operated by competitors, including Walmart Inc., Target Corp., Home Depot Inc., and Chewy Inc. The documents, made public on Monday, suggest the e-commerce giant's tactics reached across several prominent retail platforms.
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Source · Bloomberg — Technology
