Amazon punishes seller for five-cent price cut, echoing FTC case
In the complaint, the FTC says the company buries products in search results unless merchants comply with its “take action” demands.
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In the complaint, the FTC says the company buries products in search results unless merchants comply with its “take action” demands.
(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 Recession Is Still Lik
Grappling with slowing sales growth and rising costs, Amazon.com Inc. is squeezing more money from the nearly 2 million small businesses that sell products on its sprawling online marketplace.
Amazon’s average cut of each sale surpassed 50% in 2022, according to a study by Marketplace Pulse
Grappling with slowing sales growth and rising costs, Amazon.com Inc. is squeezing more money from the nearly 2 million small businesses that sell products on its sprawling online marketplace.