technology news Beijing time on April 7th afternoon news, the U.S. Department of justice antitrust authorities announced on Monday for the first time for the electricity supplier market charges. The United States Department of Justice said that a man has admitted, in collusion with others, illegal manipulation of posters online sales price.
According to the
filed in federal court in San Francisco, the name is David · Tope Jens (David Topkins) the man accused, from September 2013 to January 2014, and other posters retailer collusion, manipulation Amazon third market price posters.
U.S. Department of Justice said that Tope Jens has agreed to pay a fine of $20 thousand and cooperate with the investigation. His plea agreement still requires court approval.
according to the U.S. Department of justice’s allegations, Tope Jens developed a computer algorithm to coordinate the price changes, and the price of posters and sales and other sellers to share information. The United States Department of justice pointed out that such a violation of the federal "Sherman act", leading to the market sellers to sell posters of non competitive collusion, price ".
"we will not tolerate the violation of the principle of competitive behavior, whether this is happening in a smoke filled room, or on the Internet through price complexity." U.S. Department of justice antitrust chief prosecutor assistant Bill · (Bill Baer), said, similar to the physical market under the line, the United States consumers have the right to free and fair online market environment."
Amazon’s competitors include eBay, which helps sellers sell goods online. In this case, Amazon itself has not been charged. The company has yet to comment.
U.S. Department of Justice said that Tope Jens’s crime punishable by up to 10 years in prison and a fine of $1 million. (Wei Jin)