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Amazon Sued by D.C. AG in Antitrust Suit Over Pricing

May.25 — Amazon.com Inc. was sued by the attorney general for Washington, D.C. Karl Racine accused the online retail giant of engaging in anticompetitive practices that have raised prices for consumers. Meanwhile, Amazon is poised to announce an acquisition of the Metro-Goldwyn-Mayer movie studio as soon as Tuesday, according to a person familiar with the matter. Spencer Soper reports…

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May.25 — Amazon.com Inc. was sued by the attorney general for Washington, D.C. Karl Racine accused the online retail giant of engaging in anticompetitive practices that have raised prices for consumers. Meanwhile, Amazon is poised to announce an acquisition of the Metro-Goldwyn-Mayer movie studio as soon as Tuesday, according to a person familiar with the matter. Spencer Soper reports on “Bloomberg Daybreak: Australia.”

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5 Comments

5 Comments

  1. Sir Derty ✓

    May 25, 2021 at 11:24 pm

    They need to stop the merger and monopoly of big media, in tv media news, and also in social media monopolies.

    • Sir Derty ✓

      May 25, 2021 at 11:25 pm

      including amazon like washington post and now others .. why does disney and amazon need to give us news formed in their vision? that says odd things about what their motives are for running all these news corps they buy out…

  2. Brain G

    May 25, 2021 at 11:38 pm

    Get em

  3. L C

    May 25, 2021 at 11:42 pm

    In Rocky, the underdog finally won. A little late for all the retailers who have been socked out of the marketplace by Amazon, and Wal Mart.

  4. Patrick Asplund

    May 26, 2021 at 12:28 am

    You do know what’s going to happen right? Amazon plays dirty. They’ll still sell you the same shit, at the same price and you’ll have a “Grand Total $100”. And below that you’ll have a line called “Karl Racine Tax $20= $120”. He will be synonymous with something people hate (paying more money for cheap shit like toilet paper) and it’ll ruin him.

    Item: Anal Bead Vibrator
    Price:$89

    State Tax: $6.50
    Federal: $3.50

    Expedited Shipping
    $11.00

    Some other stupidity
    $10

    AMAZON SAVED YOU 10%
    TOTAL: $100

    add KARL RACINE TAX:
    $20

    $120

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SpaceX plans to build a new launch site for its Starship rocket on the southern coast of Louisiana, Gov. Jeff Landry announced Tuesday, allowing the company to expand operations across roughly 125,000 acres of coastal area.
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AI safety startup Alice has raised $140 million to expand its work stress-testing advanced models and helping companies protect against emerging risks. CEO Noam Schwartz explains how threats once carried out by individuals are increasingly amplified by AI, why recent incidents involving frontier models from OpenAI and Anthropic have sharpened attention on the issue, and how the company works with AI labs and enterprises to identify vulnerabilities before they can cause real-world harm. He joins Ed Ludlow on “Bloomberg Tech.”
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