Loading...
Loading...
Browse all stories on DeepNewz
VisitDC Appeals Court Revives Antitrust Lawsuit Against Amazon
Aug 22, 2024, 05:45 PM
A Washington, D.C. appellate court has revived the District's antitrust lawsuit against Amazon. The lawsuit, initially dismissed by Judge Hiram Puig-Lugo, claims that Amazon's pricing policies illegally set a price floor, stifling competition and driving up prices. The decision to overturn the dismissal allows the case, led by the D.C. Attorney General, to proceed to trial. The lawsuit alleges that Amazon's practices harm consumers, hinder innovation, and negatively impact small businesses.
View original story
Markets
Yes • 50%
No • 50%
Court ruling or official court documents
No • 50%
Yes • 50%
Official announcement from Amazon or changes in Amazon's publicly available pricing policies
No • 50%
Yes • 50%
Official announcement from the D.C. Attorney General's office or Amazon
Stock price increases by more than 10% • 25%
Stock price decreases by more than 20% • 25%
Stock price decreases by more than 10% • 25%
Stock price remains within ±10% • 25%
Stock market data from reputable financial sources like Bloomberg or Yahoo Finance
Amazon found not guilty • 25%
Case dismissed • 25%
Amazon found guilty • 25%
Case settled out of court • 25%
Court ruling or official announcements from involved parties
Case settled before trial • 25%
Trial completed with a verdict • 25%
Trial ongoing • 25%
Trial postponed • 25%
Court ruling or official announcements from involved parties