California State Attorney General Rob Bonta on Wednesday filed a lawsuit accusing Amazon of preventing retailers that sell wares through its website to offer the same products at a lower price on other sites. The case is a near-copycat of a Washington DC’s antitrust lawsuit against the company, which a judge tossed out earlier this year . The California case could face similar challenges. ...
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DoorDash Should Buy Instacart Now
Instacart’s stock price performance so far brings to mind a variation on the old line about love: Is it better to have gone public and lost, or never to have gone public at all? The shares fell 9% on Monday to $26.96, 10% below its IPO price, following our scoop that the Wall Street analysts at the banks underwriting the offering are projecting a severe slowdown in Instacart’s growth in the...
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