Seller Spends $200k in Legal Fees After Amazon Seizes His Funds + Inventory 😨

Alex discusses two recent examples of Amazon unfairly treating sellers on the Amazon Marketplace platform. First, a story from Bloomberg of a seller who found his funds and inventory seized by Amazon after they accused him of selling counterfeit products. With no recourse after Amazon cut off communication, the seller spent $200,000 in legal fees fighting against Amazon in private arbitration. Also covered, camera equipment company Peak Design's fight with Amazon after they copied a bag design from the company and re-released it under the in-house AmazonBasics brand.

This is an excerpt from episode 150 of Winner Take All. Watch the full episode here: https://youtu.be/rogeknCJyjw

Amazon Merchant Kicked Off Website Spent $200,000 to Get Justice: https://www.bloomberg.com/news/articles/2021-03-03/amazon-merchant-kicked-off-website-spent-200-000-to-get-justice

Originally Aired: 03/30/21
#Platforms #Monopolies #AmazonSeller
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