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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

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[–] [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.