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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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Bloomberg Technology

NASA’s Artemis II Lifts Off | Bloomberg Artemis II Special 4/1/2026

Bloomberg’s Ed Ludlow and Loren Grush bring special coverage of NASA’s  Artemis II launch live from Kennedy Space Center on Florida’s Space Coast.  NASA’s crew of astronauts launched to space and reached a stable orbit, kicking off a landmark journey that will take them closer to the lunar surface than anyone has been in more…

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Bloomberg’s Ed Ludlow and Loren Grush bring special coverage of NASA’s  Artemis II launch live from Kennedy Space Center on Florida’s Space Coast.  NASA’s crew of astronauts launched to space and reached a stable orbit, kicking off a landmark journey that will take them closer to the lunar surface than anyone has been in more than 50 years.
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Tesla’s Sales Miss, Next Stage of NASA’s Moon Mission | Bloomberg Tech 4/2/2026

Bloomberg’s Tim Stenovec discusses the roller coaster for tech stocks as the market reacts to the ongoing conflict with Iran. Plus, Tesla posts one of its worst sales quarters in years, disappointing Wall Street even as the company tries to convince investors its future is in AI. And, NASA’s Artemis II crew prepares to fire…

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Bloomberg’s Tim Stenovec discusses the roller coaster for tech stocks as the market reacts to the ongoing conflict with Iran. Plus, Tesla posts one of its worst sales quarters in years, disappointing Wall Street even as the company tries to convince investors its future is in AI. And, NASA’s Artemis II crew prepares to fire their engines toward the moon.

Chapters:
00:00:00 – Intro
00:05:30 – Tesla’s EV Sales Miss Expectations Again
00:17:27 – Chime Targets Higher Earners With New Accounts
00:33:57 – Kyndryl Launches Agentic Service Management
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AI Needs to Be Controlled Properly: Kyndryl CEO

Kyndryl is launching a new service to help companies manage AI agents and get better returns from their investment on the tech. Kyndryl CEO Martin Schroeter joins Tim Stenovec on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and…

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Kyndryl is launching a new service to help companies manage AI agents and get better returns from their investment on the tech. Kyndryl CEO Martin Schroeter joins Tim Stenovec on “Bloomberg Tech.”
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