Apple and Amazon formed mobile phone cartel: claim

Stefan Mileschin · 14th November 2022, 08:09

Designed to keep Apple gear prices high

A new antitrust lawsuit is accusing Apple and Amazon of rigging the market to keep the price of iPhone and iPads high.

The class-action comes from law firm Hagens Berman and claims the pair colluded illegally to unfairly reduce or eliminate competition from third-party merchants on the Amazon Marketplace.

Hagens Berman has been rather good at getting Apple to settle some of its allegations. The law firm claims that Apple and Amazon signed an agreement in 2019 which allowed Apple to limit the number of resellers on the Amazon Marketplace while Amazon kept receiving iPhones and iPads at a discounted wholesale rate, enabling it to unfairly take over the market.

Prior to this agreement, there were over 600 resellers of iPhones and iPads, but only seven remained after it, a drastic reduction of 98 per cent. Meanwhile, Amazon became the dominant reseller of Apple products, even though it was a small player at the start.

https://fudzilla.com/news/mobile/558...e-cartel-claim

14th November 2022, 08:09	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,575	Apple and Amazon formed mobile phone cartel: claim Designed to keep Apple gear prices high A new antitrust lawsuit is accusing Apple and Amazon of rigging the market to keep the price of iPhone and iPads high. The class-action comes from law firm Hagens Berman and claims the pair colluded illegally to unfairly reduce or eliminate competition from third-party merchants on the Amazon Marketplace. Hagens Berman has been rather good at getting Apple to settle some of its allegations. The law firm claims that Apple and Amazon signed an agreement in 2019 which allowed Apple to limit the number of resellers on the Amazon Marketplace while Amazon kept receiving iPhones and iPads at a discounted wholesale rate, enabling it to unfairly take over the market. Prior to this agreement, there were over 600 resellers of iPhones and iPads, but only seven remained after it, a drastic reduction of 98 per cent. Meanwhile, Amazon became the dominant reseller of Apple products, even though it was a small player at the start. https://fudzilla.com/news/mobile/558...e-cartel-claim

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
UK plans to take out Apple and Google’s “cartel”	Stefan Mileschin	WebNews	0	16th December 2021 11:35
Apple and Amazon fined over cartel	Stefan Mileschin	WebNews	0	24th November 2021 13:58
Amazon workers claim the company is forcing them to work grueling 10-hour shifts	Stefan Mileschin	WebNews	0	5th February 2021 11:28
Amazon is removing listings for products that claim to cure coronavirus	Stefan Mileschin	WebNews	0	24th February 2020 08:13
Mobile customers claim Verizon capped Netflix and YouTube speeds	Stefan Mileschin	WebNews	0	24th July 2017 06:55
Apple fudges book cartel rulings	Stefan Mileschin	WebNews	0	25th November 2014 07:32
Apple finally settles on book cartel case	Stefan Mileschin	WebNews	0	18th June 2014 07:57
Apple ran an illegal ebook price cartel	Stefan Mileschin	WebNews	0	12th July 2013 08:29
Apple ousted in Amazon Appstore court claim	Stefan Mileschin	WebNews	0	4th January 2013 07:51
Amazon Receives $252M Back Tax Claim	Stefan Mileschin	WebNews	0	14th November 2012 08:59