Amazon colluded to make competitors raise prices, California lawsuit says [Yahoo! Finance]
Levi Strauss & Co Class A (LEVI)
Last levi strauss & co class a earnings: 4/7 04:15 pm
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Source: Yahoo! Finance
If it seems like products are usually cheaper on Amazon than at retailers like Walmart, Home Depot, and Chewy, that's no accident. According to a bombshell filing in an ongoing antitrust lawsuit from the state of California on Monday, each of those companies was a victim of Amazon's illegal price fixing. Amazon, which topped Walmart to become the U.S.'s largest retailer in 2025, got there in part with a pattern of bullying and colluding, the filing says. In some cases it outlines in detail, merchants such as Levi Strauss and Allergan were told by Amazon to make products (such as khaki pants and eye drops) more expensive at Walmart. In other cases, Amazon leaned on rivals directly, as when it allegedly forced Home Depot to raise its fertilizer prices so Amazon would be cheaper. And in all cases, California appears to have brought receipts in the form of emails. "The company is price fixing, colluding with vendors and other retailers to raise costs for Americans beyond what the m
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News
- California says Amazon pressured retailers to boost prices on their websites to not undercut it [Yahoo! Finance]Yahoo! Finance
- Amazon made Levi's, other brands hike prices on rival sites: California AG [Yahoo! Finance]Yahoo! Finance
- California says Amazon pressured retailers to boost prices on their websites to not undercut it [Yahoo! Finance Canada]Yahoo! Finance Canada
- Atty. Gen. Bonta says evidence reveals how Amazon pressured Levi's, other retailers to hike prices [Yahoo! Finance]Yahoo! Finance
- Atty. Gen. Bonta says evidence reveals how Amazon pressured Levi's, other retailers to hike prices [Los Angeles Times (CA)]Los Angeles Times
LEVI
Earnings
- 4/7/26 - Beat
LEVI
Sec Filings
- 4/20/26 - Form 144
- 4/7/26 - Form 8-K
- 4/7/26 - Form 8-K
- LEVI's page on the SEC website