Amazon Caught RED-HANDED Copying Best-Selling Products!

How Amazon Exploits and Undermines Small Businesses, and Why Breaking It Up Would Revive American Entrepreneurship

https://ilsr.org/wp-content/uploads/2021/06/ILSRAmazonSmallBusinessFactSheet.pdf

The FTC Is Suing Amazon.
Here’s What You Need to Know and How Sellers Are Responding Many third-party sellers feel locked into the platform that helped them grow — despite rising fees and poor customer service.

https://www.inc.com/jennifer-conrad/the-ftc-is-suing-amazon-heres-what-you-need-to-know-and-how-sellers-are-responding.html

Amazon Exploits Third-Party Sellers; Bezos' Response Disappointing

https://datasociety.net/wp-content/uploads/2023/01/Weigel_Trickle-Down-Monopoly_01252023.pdf

Investigation: How sellers exploit Amazon’s loopholes to sell unsafe products

https://finance.yahoo.com/news/amazon-sellers-exploit-loopholes-to-sell-unsafe-products-144130664.html

The Federal Antitrust Case Against Amazon

https://ilsr.org/wp_ilsr/wp-content/uploads/2023/03/ILSR-AmazonFTCLawsuitExplainer.pdf

Amazon's Trickle-Down Third Party Sellers and the Monopoly

https://datasociety.net/wp-content/uploads/2023/01/Weigel_Trickle-Down-Monopoly_01252023.pdf

WSJ: Amazon uses data from third-party sellers to develop its .

Amazon courts third-party sellers amid FTC antitrust lawsuit

Tech
Amazon uses data from third-party sellers to develop its own products, WSJ investigation finds
Amazon
uses data from its vast network of third-party sellers to determine what new products it will create, a Wall Street Journal investigation has found.

https://www.cnbc.com/2020/04/23/wsj-amazon-uses-data-from-third-party-sellers-to-develop-its-own-products.html

Amazon courts third-party sellers amid FTC antitrust lawsuit

https://www.seattletimes.com/business/amazon/amazon-courts-third-party-sellers-amid-ftc-antitrust-lawsuit/

The latest example is Amazon Prime Video, which, if you remember, is a benefit included with Amazon’s Prime Membership, for which more than 200 million households pay $140 per year. Now,
17 years after Amazon decided to offer a streaming video service, the company announced on Friday that Prime Video will start showing ads on the version included with Amazon Prime.

Amazon violated its own policies:

Find out if you have a case.
Amazon is one of the biggest hubs for third-party sellers to connect with customers and sell their products, and many small businesses run exclusively on this platform.
Third-party companies pay the seller’s fees and follow Amazon’s rules so they can grow their businesses,
trusting Amazon to act ethically and hold up their end of the deal. But what really happens on Amazon’s side?

In what appears as an effort to protect third-party sellers, Amazon has a policy that restricts third-party sales and marketing data from being used to develop their own competing products.
CEO Jeff Bezos claims that this policy is among the safeguards that protect small businesses who use the marketplace.
The safeguards in place don’t seem to be enough, however — competing products are a big problem.

If your business has suffered due to Amazon’s actions, you may be owed compensation for your hardships. Contact Morgan & Morgan for a free case evaluation – it costs nothing to hire us, and we get paid out of your winnings, not your pocket.

What’s Amazon Doing?

Amazon adopted a policy that protects sellers’ confidential data so it can’t be used to develop and support its own products in competition. Bezos has pointed out that they were under no legal obligation to adopt this policy, but the fact remains that they did, so now they are obligated to follow it. Unfortunately, this hasn’t been the case.

Wall Street Journal investigated the company in April as it came to light that Amazon:

Takes confidential and proprietary data from third-party sellers
Uses this information to develop and market competing products
Sells these products at a lower price point to undercut other sellers
Emphasizes their own products on their platform

Drives out third-party businesses as a result

That aside, Amazon already makes money by charging third-party sellers to use the marketplace. So not only does the mega-company profit from charging the sellers directly; Amazon also uses their data to undercut them, potentially driving them out using knockoffs of their own products.

Clearly, Amazon’s manipulation of this policy doesn’t just help boost its own sales – it can also bankrupt the “little guys” and force them to close, reducing competition rather than facilitating it.

How Jeff Bezos Responded

According to Forbes, Bezos said Amazon adopted this policy voluntarily, and the third-party marketplace was designed to increase competition in order to give the customers the best experience.

Unfortunately, this does nothing to address the fact that they’re not following the policy that they chose to adopt, or that violating this policy can actually reduce competition and create an unfair environment for third-party sellers.

After 17 Years, Amazon Just Announced a Surprising Change That Says a Lot About Its Future Amazon Prime is changing in a way that a lot of people won’t like.

https://www.inc.com/jason-aten/after-17-years-amazon-will-start-charging-extra-for-prime-video-or-make-you-watch-ads.html

This New Amazon Scam Is Very Scary!

https://www.youtube.com/shorts/owjXMgTgOqU

Amazon sellers see increase in scam returns, Wall Street Journal reports

https://www.youtube.com/watch?v=VZHPMxZQKM0

Amazon sellers see increase in scam returns, Wall Street Journal reports

https://www.yahoo.com/news/amazon-sellers-see-increase-scam-144400382.html

A recent investigation by the Wall Street Journal found over 4,000 products sold on Amazon (AMZN) were deemed unsafe by federal agencies. U.S. senators have sent a letter questioning the company’s practices on product quality control.

original link on Lindey Glenn

https://www.youtube.com/watch?v=7FgySxbQCHw