Technology

58884 readers

3871 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

160

Here’s the Email Amazon Sent Sellers It’s Allegedly Screwing Over After FTC Filed Antitrust Lawsuit (www.vice.com)

submitted 1 year ago by [email protected] to c/technology

7 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 5 points 1 year ago

I'm no Amazon fan or legal expert, but I don't see what it's obviously wrong with their practice.

FTC: "'Combined, all of these fees force many sellers to pay close to 50% of their total revenues to Amazon.” I thought normal store markup is 40-50%. Also, brands often pay for specific shelf space and buy back unsold inventory. It seems like the savings to sellers and consumers in the early days of Amazon were an aberration, and at the time people complained it was impossible for brick and mortar to compete.

I guess maybe the judgements they make could expand to Kroger, etc, restoring some of the online price advantage? At this point I don't even know what I want to happen. If we're just about reducing runaway profits, my wish would be higher taxes.