Amazon slapped with class-action lawsuit accusing e-commerce giant of inflation e-book prices

Suit alleges Amazon, five largest US publishers, agreed to price restraints, caused consumers to overpay

Reuters

Amazon.com Inc was slapped with a class-action lawsuit on Thursday accusing the e-commerce giant of inflating the prices of ebooks in collusion with some publishers.

The lawsuit alleges that Amazon and the five largest U.S. publishers, collectively called the ‘Big Five’, agreed to price restraints that cause consumers to overpay for eBooks…

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