Amazon (AMZN) Accused of Price-Fixing with Levi's and Hanes

California Attorney General Rob Bonta alleges that Amazon (AMZN) pressured brands like Levi Strauss & Co. and Hanes to raise prices on rival websites as part of a price-fixing scheme. The claims were detailed in newly unsealed documents related to a 2022 antitrust lawsuit. Bonta's office seeks an injunction against Amazon's practices, with a trial scheduled for 2027. Amazon has denied the allegations, stating that it will respond in court. The case could impact pricing strategies and competition in online retail significantly.