Amazon hit with antitrust suit by DC attorney general, the states Amazon is “the dominant player in the u.s. online retail sales market” and that “amazon disadvantages tpss and consumers on its online retail platform” as well as “amazon’s business services agreement suppresses price competition” and ” amazon’s inflated selling fees further raise prices for consumers across the online retail sales market” and “amazon abuses its market power in the u.s. online retail sales market.”
Count I states ” HORIZONTAL AGREEMENT IN RESTRAINT OF TRADE IN VIOLATION OF D.C. CODE § 28-4502.”
Count II states “VERTICAL AGREEMENT IN RESTRAINT OF TRADE IN VIOLATION OF D.C. CODE § 28-4502.”
Count III states “ILLEGAL MAINTENANCE OF MONOPOLY IN VIOLATION OF D.C. CODE § 28-4503.”
Count IV state “ATTEMPTED MONOPOLIZATIONIN VIOLATION OF D.C. CODE § 28-4503.”
Our teaching background is in finance and economics and our offices are in Los Angeles, California. We work with firms that have obtained many of the largest recoveries in history.
Forensic Economic Services’ Economists can assist you in antitrust litigation.
How Can an economist assist in a price-fixing case? The expert can ask what the price of a product would have been had a certain event associated with the price-fixing agreement not occurred. If prices would have been lower, the evidence suggests impact. If the expert can predict how much lower they would have been, the data can help the expert develop a numerical estimate of the amount of damages.