Amazon 'strong-armed' Levi's, Hanes to hike prices on rival sites, California DA says
Amazon allegedly coerced Levi's and Hanes to raise prices on rival sites like Walmart and Target.
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amazon allegedly pressured levi's and hanes to raise prices on rival sites like walmart and target, according to a california district attorney. the claim is part of a lawsuit filed by the state, which accuses amazon of using its market power to enforce price parity. the suit says amazon threatened to remove vendors from its platform if they didn't comply. the da's office argues this led to higher prices for consumers across the board.
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