Amazon is determined to maintain its position as the largest online retailer, even if it means harming sellers and customers. In September, the FTC filed an anticipated antitrust lawsuit against Amazon for allegedly using illegal strategies to stay ahead. The details of the lawsuit were previously undisclosed, but today a mostly unredacted version has been released.
While Amazon’s dominance in the online retail industry has helped small businesses reach more consumers, it appears that the company has become exploitative over time. It continues to raise fees for third-party sellers, which is negatively impacting smaller businesses and even leading to bankruptcy for some. Amazon previously dismissed these claims as unfounded, but the newly revealed documents prove otherwise.
According to the Wall Street Journal, the internal documents mentioned in the original complaint demonstrate that Amazon executives were well aware of the consequences of their actions…
2023-11-02 14:48:00
Article from www.engadget.com rnrn