Amazon hit with antitrust suit in Washington

Amazon was hit Tuesday with an antitrust suit from the US capital city Washington, claiming the tech giant abuses its dominant position in online retail sales, harming consumers.

The suit filed by the office of Attorney General Karl Racine alleges that Amazon’s control of 50 to 70 percent of US e-commerce sales results in higher consumer prices.

“Amazon’s online retail sales platform benefits from, and is protected by, Amazon’s anticompetitive business practices,” said the suit filed in District of Columbia superior court.

“Far from enabling consumers to obtain the best products at the lowest prices, Amazon instead causes prices across the entire online retail sales market to be artificially inflated,