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Amazon Punishes Seller for Five-Cent Price Cut, Echoing FTC Case

(Bloomberg) -- About once a week, Bernie Thompson gets a “take action” email from Amazon.com Inc. Online sellers like Thompson dread these messages because it means the e-commerce giant has discovered one of their products is selling for a lower price on a competing website. Unless he adjusts the price, Thompson says, Amazon could make his merchandise virtually invisible to shoppers.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsWhy a US Recessio...
United States Jeff Bezos Bloomberg Businessweek David Zapolsky Andrew Morgans Bernie Thompson
Source: yahoo.com

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