Amazon Sued by Pension Fund Over Broad Antitrust Allegations (2)

A pension fund sued Amazon in Delaware on Thursday, seeking internal files to investigate the tech giant’s alleged scheme to monopolize online retail through agreements that raise prices across the internet and tax avoidance measures that give it more breathing room to undercut rivals.

The lawsuit, filed in Delaware Chancery Court, targets Amazon’s “most favored nation” agreements, which allegedly bar third-party sellers from offering lower prices elsewhere, despite “hefty fees” that make the platform one of the more expensive places to sell goods online.

The suit also accuses Amazon of bullying local governments into tax breaks, and pitting them against ...