Biggest News Aggregation in the World
📰 Featured Offer News

Page 2 - Featured Offer News Today

Fast, Ad-Free News Updates

Stay updated with breaking news from Featured Offer. Real-time updates on events, politics, business and more.

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

Price war: Amazon excludes rival Temu from competitive price checks

(Corrects the data of Temu's general merchandise value in paragraph 10) By Arriana McLymore NEW YORK (Reuters) -Amazon is excluding its new competitor Temu from its price searching algorithm that checks if products sold on its platform are competitive with rivals, saying the site doesn't meet its standards. According to Amazon, Temu, an e-commerce marketplace that launched in September, does
United States Vanessa Oconnell Mandell Menkes Feixiang Wang Deepa Babington Arriana Mclymore
Source: msn.com

Price war: Amazon excludes rival Temu from competitive price checks, ET Retail

According to Amazon, Temu, an e-commerce marketplace that launched in September, does not meet its strict qualification requirements for Amazons fair pricing policy. That means some low-priced general merchandise on Temu, owned by PDD Holdings, could beat out prices offered by Amazons marketplace sellers.
United States Mandell Menkes Feixiang Wang Shenzhen Kangmingcheng Technology Maibo Technology Company Us District Court

Investigation into Amazon's Marketplace

The CMA is investigating Amazon’s conduct in relation to the way that non-public third-party seller data may be used within Amazon’s retail business, how Amazon sets criteria for selecting which product offer is placed within the ‘Buy Box’ and which sellers can list products under Amazon’s ‘Prime label’ on its Marketplace in the UK.
United Kingdom Ann Pope Competition Act Buy Box Featured Offer Buy Now
Source: gov.uk

Stay Updated with Latest News

Get breaking news updates delivered to your inbox

Browse All News →

Amazon fined € 1,128 billion by Italian Competition Authority

The Italian Competition Authority has found that Amazon harmed its competitors in the market for e-commerce logistics services. The Authority has imposed behavioural measures on Amazon that will be subject to review by a monitoring trustee.
Italia Logistica Amazon Italia Services Italian Competition Authority European Union Amazon Services Europe Amazon Europe Core

Italy Fines Amazon $1.3 Billion for Abusing Its Dominant Market Position

Italy's competition authority announced on Thursday that it has fined Amazon roughly $1.3 billion (€1.129 billion), alleging that the company "has harmed competing operators" by abusing its dominant market position and pushing third-party sellers to use Amazon's logistics service Fulfillment by Amazon (FBA).
Andy Jassy Isaac Brekken Joe Raedle Getty Italian Competition Authority Competition Authority Jeff Bezos Joe Raedle

Italy Fines Amazon $1.3 Billion for Abusing Its Dominant Market Position

Italy's competition authority announced on Thursday that it has fined Amazon roughly $1.3 billion (€1.129 billion), alleging that the company "has harmed competing operators" by abusing its dominant market position and pushing third-party sellers to use Amazon's logistics service Fulfillment by Amazon (FBA).
Andy Jassy Isaac Brekken Joe Raedle Getty Italian Competition Authority Competition Authority Jeff Bezos Joe Raedle

Explore More Categories

World News India News Business Technology Sports Entertainment Health Science