Courtesy photo 'Plausible' Monopoly Allegations?: DC Appeals Court Revives Amazon Antitrust Complaint
"Viewed as a whole, the District's allegations about Amazon's market share and maintenance of its market power through the challenged agreements plausibly suggest that Amazon either already possesses monopoly power over online marketplaces or is close to a 'dangerous probability of achieving monopoly power,'" D.C. Court of Appeals Judge Corinne Beckwith wrote.
August 23, 2024 at 03:43 PM
3 minute read
What You Need to Know
- An appeals court panel ruled the District of Columbia plausibly alleged Amazon violated the D.C. Antitrust Act.
- The D.C. Court of Appeals reversed the trial court judgment and remanded the case to D.C. Superior Court for further proceedings.
- Paul, Weiss, Rifkind, Wharton & Garrison represents Amazon in the revived D.C. lawsuit.
A District of Columbia appeals court panel revived D.C. Attorney General Brian Schwalb's antitrust lawsuit against Amazon.com Inc. in a Thursday decision overturning the trial court's dismissal of the case.
"Viewed as a whole, the District's allegations about Amazon's market share and maintenance of its market power through the challenged agreements plausibly suggest that Amazon either already possesses monopoly power over online marketplaces or is close to a 'dangerous probability of achieving monopoly power,'" Judge Corinne Beckwith wrote for the D.C. Court of Appeals. "We therefore reverse the trial court's dismissal of the District's complaint and remand for further proceedings consistent with this opinion."
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