Lawsuit says Amazon and Apple colluded on device prices

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Lawsuit says Amazon and Apple colluded on device prices
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Apple and Amazon conspired to raise iPhone and iPad prices, claims class action lawsuit

could not compete with Amazon by selling hardware on price"To team up with Amazon [Business] is like to team up with the devil. We team up with Amazon but not in a transactional area,” said Rudolf Hotter, COO at German-based giant Cancom.

Steve Berman, managing partner at Hagens Berman, said: “When our antitrust trial team reviewed the numbers behind this lawsuit, we very quickly noticed several red flags. Suddenly losing 98 percent of sellers of a particular product is genuinely unheard of, especially when the product at hand is made by the world’s largest tech company and sold by the world’s largest retailer.”

Berman said: “When Apple and Amazon renewed their existing reseller agreement in 2019, the only losing party to their plan was consumers, who were blindsided by the price increases.” “Where consumers used to be able to find discounted prices of upwards of 20 percent for iPhones and iPads for sale on Amazon Marketplace, now they get locked into Apple’s premium pricing,” he claimed.

Hagens Berman is looking for consumers that bought an iPhone or iPad of any model from 2019 to sign up for the putative class action.

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