Amazon adds a new fee for sellers who ship their own packages
Publishing timestamp: 2023-08-18 10:48:34
Summary
Amazon is imposing a new 2% fee on members of its Seller Fulfilled Prime program, where merchants ship their own packages but can include the Prime badge on their listings. This fee will be implemented starting October 1. The move comes as the Federal Trade Commission (FTC) is expected to file a lawsuit against Amazon. The fee is being introduced to cover the costs of developing and running the program. The Seller Fulfilled Prime program allows third-party merchants to sell their products with the Prime badge without using Amazon's fulfillment services. The program has not been as popular as Amazon's Fulfillment By Amazon (FBA) service. In addition to the new fee, Amazon also charges sellers referral fees and other costs. The article mentions that Amazon's marketplace has been under scrutiny by antitrust investigators, and the FTC is reportedly preparing to file a lawsuit against the company. Amazon has defended its marketplace and argued that sellers continue to choose its platform because of its value.
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Keywords: breaking news: technology, business news, technology, internet, antitrust regulation, monopoly and antitrust, amazon.com inc, amazon,
Source: https://www.cnbc.com/2023/08/16/amazon-adds-a-new-fee-for-sellers-who-ship-their-own-packages.html