Antitrust lawsuit claims Apple, Amazon colluded to raise iPhone, iPad prices

Apple and Amazon were accused in an antitrust lawsuit on Wednesday of colluding to drive up iPhone and iPad prices by removing most other resellers of new Apple products from Amazon’s website.Jonathan Stempel for Reuters:The proposed class action in Seattle federal court objected to an agreement that took effect in January 2019, under which Apple gave Amazon discounts of up to 10% on its products, in exchange for Amazon letting just seven of 600 resellers stay on its platform.
Prices rose