Washington, D.C. Attorney General (AG) Karl Racine has filed an antitrust lawsuit against e-commerce giant Amazon on Tuesday. The AG has accused Amazon of illegally abusing its monopoly power and violating the District of Columbia Antitrust Act. Amazon is accused of forbidding third-party sellers from offering cheaper rates for their products on competing websites. The … Continue reading “DC Attorney General Hits Amazon with an Antitrust Suit Alleging the Company Did This”
Tag: Amazon
Company News
Amazon Gets Closer to Buying MGM Studios for Almost $9B
It looks like e-commerce giant Amazon may be getting closer to buying its very own…
May 24, 2021
Featured
Amazon Has Released Pictures of its HQ2
E-commerce giant Amazon is going to have a second headquarters in Virginia and has unveiled…
May 12, 2021
Featured
Jeff Bezos’ Space Company is Auctioning Off a Seat into Space This July
Amazon CEO Jeff Bezos, who also runs space venture Blue Origin, has announced this week…
May 6, 2021
Featured
Amazon Reports Q1 Results that Blow Past Expectations
E-commerce giant Amazon reported its financial results for the first quarter that smashed all expectations.…
April 30, 2021
Company News
This is How Much Amazon’s ‘Lord of the Ring’s Series Will Cost for the First Season
One of the most costly television series to ever be made will be the "Lord…
April 22, 2021
Company News
This is Why Jeff Bezos is Being Slammed for his Final Letter to Shareholders
Amazon's CEO Jeff Bezos is stepping down from his position and in his last letter…
April 16, 2021
Company News
Amazon’s Jeff Bezos Surprisingly Supports a Corporate Tax Rate Increase
Many corporations may not be thrilled with the corporate tax rate hike that President Biden's…
April 7, 2021
U.S. Labor Secretary Weighs in on Amazon and the Union Controversy
In an interview with Yahoo! Finance, Marty Walsh, the Labor Secretary for the United States,…
April 2, 2021
Company News
This Company is Offering Bonuses to its Employees to Get the Covid-19 Vaccination
While many people around the U.S. anxiously await their turn to get the COVID-19 vaccination,…
March 26, 2021
Energy & Solar
Elon Musk’s SpaceX’s Starlink Satellite is in Talks with the United Kingdom to Do This
Elon Musk may be very busy running electric vehicle giant Tesla but he's also the…
March 24, 2021
Company News
Amazon Spent $131M to Take a Minority Stake in This Company
E-commerce giant Amazon has spent $131 million to take a minority stake in air cargo…
March 9, 2021
Featured
Amazon Aims to Become Exclusive Provider of All Thursday NFL Games
Looks like Amazon has a new endeavor up its sleeve, and this time it involves…
March 4, 2021
Company News
Amazon is Tracking and Disciplining Delivery Works with This App
E-commerce giant Amazon has confirmed that the company is putting AI-equipped cameras into some of…
February 15, 2021