Did you receive a notice from Apple and Amazon? Did you receive a mail about a class action on the settlement to resolve claims about the Apple, Amazon class action over third-party sellers lawsuit? This review will help you partake in the class action settlement after confirming the authenticity of the mail.
What Is Apple, Amazon class action over third-party sellers Class Action Settlement?
Floyd claims that, prior to Apple and Amazon allegedly coming to an agreement to eliminate competition, it was “exceedingly rare” for Amazon to win “Buy Box” placement, which is when a seller automatically gets a sale if a buyer clicks “Buy Now” or “Add to Cart.”
“Studies indicate that more than 90% of Amazon’s sales go through the buy box,” the Apple class action states.
Floyd wants to represent a nationwide class of persons or entities who have purchased a new iPhone or iPad from the Buy Box on Amazon.com since January 2019.
Plaintiff is demanding a jury trial and requesting injunctive and declaratory relief along with an award of treble and punitive damages for himself and all class members. The name of the case is Floyd v. Amazon.com, Inc., et al., Case No. 2:22-cv-01599, in the U.S. District Court for the Western District of Washington.
What Is This Class Action All About?
Plaintiff Steven Floyd claims Apple and Amazon have an “unlawful horizontal agreement” that is a “naked restraint” and is unlawful under the Sherman Act.
Floyd argues Apple and Amazon are financially motivated to work together to thwart competition from third-party merchants.
“Vigorous competition from the third-party merchants exerts downward pressure on the online prices that both Apple and Amazon can charge for Apple products,” the Apple class action states.
Floyd claims Apple and Amazon were hurt by third-party retailers “offering steep discounts” that sometimes exceeded 20% off the price Apple charged on its online store.
“This posed a problem for both Apple and Amazon,” the Amazon class action states. “Apple has a history of maintaining high market prices for its products by withholding supplies from resellers that would otherwise undercut Apple’s own retail prices.”
Who Is Eligible?
The settlement benefits all class members who have purchased a new iPhone or iPad from the Buy Box on Amazon.com.
How To Be Part of This Settlement
For a class member to partake in this settlement, class members’ claim forms must be submitted on the settlement website.
What Is The Pay For This Settlement?
The pay for this settlement varies and proof of purchase is not necessary.
As you submit your claim to the settlement website, just like the Alabama and Texas NIBCO class action settlement we have reviewed, you’re doing so under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim.