A bevy of stock brokerages, hedge funds and clearinghouses worked together to strip non-professional individual investors of their right to control their investments amid last week’s social media-driven price increases, a proposed class action alleges.
A proposed antitrust class action lawsuit filed this week claims Valve Corporation, the entity behind the popular Steam platform, and several major video game developers have suppressed competition among video game sellers.
by Corrado Rizzi on Consumer Fraud
Readers who’ve bought e-books from the biggest publishers through various online retail outlets have paid “supracompetitive” prices as the result of a price-fixing conspiracy, a proposed class action alleges.
A proposed class action out of Washington alleges Amazon.com, Inc. has cheated consumers out of an estimated $55 billion to $172 billion in savings by blocking third-party sellers from charging lower prices for the same goods on other sites.
A group of independent college bookstores alleges in a proposed class action that a new program offered by major players in the textbook industry is part of a broader scheme to eliminate competition.
A number of companies allege in a sprawling proposed class action that Facebook has overtly attempted to extinguish what it perceives as threats from rival app developers in “the most brazen, willful anticompetitive scheme in a generation.”
An antitrust class action claims Verizon Wireless and non-defendant AT&T worked together to use new eSIM technology to lock consumers to certain carrier plans.
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