Amazon loses bid to toss consumer antitrust lawsuit

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Amazon loses bid to toss consumer antitrust lawsuit
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Amazon.com Inc must face consumer claims that its pricing practices artificially drove up the cost of goods sold by other retailers in violation of U.S. antitrust law, a federal judge has ruled.

must face consumer claims that its pricing practices artificially drove up the cost of goods sold by other retailers in violation of U.S. antitrust law, a federal judge has ruled.by U.S. District Judge Richard Jones in Seattle on Friday came in a prospective antitrust class action that has estimated damages of between $55 billion to $172 billion.

The lawsuit was filed in 2020 by residents of 18 states, including Virginia, Texas, California, Florida and Illinois, challenging an Amazon policy that retailers cannot offer lower prices for goods sold elsewhere if they also want their product available on the Amazon Marketplace platform.

The e-retail giant can still defend its pricing practices at a later stage in the litigation, and also can urge the court not to allow consumers to sue as a class. The court said it wants to review a class certification briefing schedule by mid-April. A separate private consumer suit, also pending in Seattle federal court, alleges Amazon's practices have increased prices for items sold on the company's own platform.The case is Frame-Wilson et al v. Amazon.com Inc, U.S. District Court, Western District of Washington, No. 2:20-cv-00424-RAJ.

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