New Delhi, April 21 -- American e-commerce giant Amazon coerced prominent brands, including Levi's Strauss and Hanes, into an alleged price-fixing scheme wherein they agreed to raise prices of their goods on competing retail websites operated by Walmart, Target Corp, Home Depot, etc., according to court documents seen by Bloomberg.

The filing is part of California Attorney General Rob Bonta's 2022 antitrust lawsuit, which alleged that Amazon artificially inflated the cost of products to shield its profit margins.

The lawsuit, scheduled for trial in January next year, is one of the several antitrust cases against Amazon. Interestingly, the retail giant captures about 40 cents of every dollar spent online in the US.

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