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Amazon accused of forcing up prices in antitrust complaint

In a letter sent to federal lawmakers, an online merchant has accused Amazon of forcing him and other sellers to use the company’s expensive logistics services, which in turn forces them to raise prices for consumers......»»

Category: topSource: moneycentralNov 8th, 2019

U.S. appeals court revives aluminum antitrust cases vs Goldman, JPMorgan, Glencore

A federal appeals court on Tuesday revived lawsuits by aluminum purchasers that accused Goldman Sachs , JPMorgan Chase , mining company Glencore and other companies of conspiring to drive up prices for the metal by reducing supply......»»

Category: topSource: reutersAug 27th, 2019

Amazon Plant In China Accused Of Forcing High School Interns To Work 60 Hour Weeks

In addition to not paying taxes and putting the entire brick and mortar retail industry out of business single-handedly, Amazon has now o.....»»

Category: blogSource: zerohedgeAug 9th, 2019

Muslim women accuse Amazon of ‘harassing and hostile’ work conditions

In a federal complaint, Muslim workers in Minnesota have accused the tech giant of discrimination and retaliation......»»

Category: topSource: washpostMay 13th, 2019

Lawsuit says Tyson, Cargill, JBS conspired to suppress beef prices paid to U.S. ranchers

Four of the largest U.S. beef-packing companies were accused in a lawsuit on Tuesday of violating federal antitrust law by conspiring to drive down prices they paid ranchers for cattle, even as retail beef prices hovered near record levels......»»

Category: topSource: reutersApr 23rd, 2019

"This is a pro-Amazon ruling": Here"s what Wall Street is saying about Google"s record-breaking $5 billion fine (GOOGL)

BI Graphics Google has been fined a record $5 billion by the European competition watchdog for abusing the dominance of its mobile operating system, Android. The search giant was accused of forcing smartphone makers like Samsung .....»»

Category: topSource: businessinsiderJul 18th, 2018

Qualcomm disappointed with continuing EU probe into pricing case

U.S. chipmaker Qualcomm on Thursday expressed disappointment with EU antitrust regulators' decision to continue an investigation in a case where it has been accused of charging below cost prices to stymy British phone software maker Icera......»»

Category: topSource: reutersJul 19th, 2018

Apple, Facebook, Google and Amazon are putting billions of dollars toward affordable housing — but that money may be too little, too late

Housing prices have skyrocketed in cities like San Francisco and Seattle, and tech companies are scrambling to ensure there’s an affordable place to live for their workforces......»»

Category: topSource: marketwatchNov 8th, 2019

Amazon"s Echo Show 5 is on sale for $60 right now — it"s one of the lowest prices we"ve seen for the smart display

  Amazon The Amazon Echo Show 5 is a smart speaker with a screen that allows Alexa to show you information and content visually. The device can display videos, the time, photos, and more, thanks to its 5-inch touchscreen. You can also use.....»»

Category: topSource: businessinsiderNov 5th, 2019

Amazon"s bid to acquire stake in Indian retailer faces antitrust hurdle: sources

India's antitrust body has sought more information from Amazon.com Inc about its planned acquisition of a stake in India's Future Retail , sources with knowledge of the matter told Reuters, which could potentially delay the deal......»»

Category: topSource: reutersNov 1st, 2019

Brazilian beverage distributors file antitrust complaint against Ambev

Beverage distributors working for Brazilian brewer Ambev SA have filed a complaint against the company at the local antitrust regulator Cade, accusing it of anticompetitive practices......»»

Category: topSource: reutersOct 25th, 2019

Sutter Health settles long-running antitrust case over price markups

Sutter Health has reached a preliminary agreement to settle a civil case that alleged that it used its market position to drive up prices for its services. The case — brought by a group of self-funded employer insurance plans in 2014 and joined las.....»»

Category: topSource: bizjournalsOct 16th, 2019

Amazon, Broadcom face new antitrust probes in Europe

Amazon and chipmaker Broadcom are the latest U.S. tech giants to face antitrust probes in Europe. Julian Satterthwaite reports......»»

Category: topSource: moneycentralOct 16th, 2019

Judge rules Patterson Companies violated U.S. antitrust laws in FTC complaint

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 16th, 2019

Amazon, Broadcom face new antitrust probes in Europe

Amazon and chipmaker Broadcom are the latest U.S. tech giants to face antitrust probes in Europe. Julian Satterthwaite reports......»»

Category: videoSource: reutersOct 16th, 2019

Amazon"s massive investment in food delivery startup Deliveroo faces further delays thanks to a formal antitrust probe

Saul Loeb/Getty Images Amazon's major investment in British food delivery startup Deliveroo has hit another snag after the UK's competition watchdog decided to launch a formal investigation into the deal. The Compet.....»»

Category: topSource: businessinsiderOct 16th, 2019

House investigators say they have begun receiving data from big tech firms

The leaders of the House of Representatives Judiciary Committee said late on Tuesday that they had begun receiving data from Facebook, Alphabet's Google, Amazon and Apple as part of their probe into the companies' potential breaches of antitrust law......»»

Category: topSource: reutersOct 16th, 2019

Boris Johnson"s relationship with the Queen hits "rock bottom" as he is accused of forcing her to deliver a "party political broadcast" for the Conservative Party

Getty Queen Elizabeth II will on Monday lunchtime deliver a "Queen's Speech" in the Houses of Parliament, setting out a new legislative programme for Boris Johnson's government. The speech is highly controversial as such speeches normally take pla.....»»

Category: topSource: businessinsiderOct 14th, 2019

The 5 best Amazon deals you can find this Sunday

These are some of the best prices on DNA kits, Instant Pots, Lego kits, and egg cookers. Plus, avid readers will love th.....»»

Category: topSource: usatodayOct 13th, 2019

Conor McGregor"s entourage have been accused of forcing a nightclub bottle service girl into their car after a booze-fueled evening in LA

Brandon Magnus/Zuffa LLC/Zuffa LLC via Getty Images While investigating a story about Drake and Los Angeles celebrity hotspot Delilah, former employees told us a disturbing story they sa.....»»

Category: topSource: businessinsiderOct 8th, 2019

Company making Costco pajamas flagged for forced labor

The Trump Administration is blocking shipments from a Chinese company making baby pajamas sold at Costco warehouses, after the foreign manufacturer was accused of forcing ethnic minorities locked in an internment camp to sew clothes against their will......»»

Category: topSource: moneycentralOct 8th, 2019