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September 27, 2023
(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...
June 16, 2023
(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
June 14, 2023
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.
June 14, 2023
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 doesnt meet its standards.
July 6, 2022
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.
December 10, 2021
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.
December 10, 2021
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).
December 9, 2021
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).