Amazon.com Faces Antitrust Lawsuit Over Delivery Contractor Model
Amazon.com (NasdaqGS:AMZN) is facing an antitrust lawsuit from New Jersey's Attorney General over its delivery contractor model and alleged suppression of driver wages.
The complaint targets Amazon's nationwide labor practices in its delivery network, claiming the company restricts competition for drivers' services.
This adds fresh legal scrutiny to Amazon's role in the US delivery sector and raises questions about potential changes to its contractor-based logistics model.
Amazon sits at the center of US e-commerce and cloud infrastructure, with its logistics services crucial to its broader business. The stock trades at $272.26, with returns of 20.2% year-to-date and 96.5% over three years.