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International Business Times UK
International Business Times UK
Chelsie Napiza

Shopping Elsewhere Will Not Save You: Inside Amazon's Alleged Scheme To Look Cheapest By Making Every Rival Raise Prices

Investigators and antitrust lawsuits allege Amazon punished sellers for offering cheaper prices elsewhere and used its market power to push prices higher across rival retailers. (Credit: Joe Piette/Wikimedia Commons)

The cheapest price on Amazon may only look that way because, according to a new investigation and two sweeping antitrust cases, the company allegedly spent years pressuring brands and rival retailers to raise theirs.

A More Perfect Union investigation published this week, titled 'We Uncovered Amazon's Scheme To Inflate Prices Everywhere', lays out how the retail giant allegedly maintains its lowest-price image by forcing prices up everywhere else, so that a vendor offering a better deal on a rival site faces punishment.

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