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Amazon sellers sound off on the FTC's 'long-overdue' antitrust case - TL;DR CNBC

Amazon sellers sound off on the FTC's 'long-overdue' antitrust case

Publishing timestamp: 2023-10-06 17:31:46


Summary

The article discusses the antitrust lawsuit filed by the Federal Trade Commission against Amazon, accusing the company of using its monopoly power to squeeze merchants and hinder competition. The lawsuit alleges that Amazon's practices lead to artificially inflated prices and a degraded shopping experience for consumers. The article includes perspectives from different sellers, some of whom support the lawsuit and others who have reservations. It also highlights various issues raised in the lawsuit, such as Amazon's pricing policies, rising fees, and control over sellers.


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Keywords: antitrust regulationetsy incinternettechnologychewy incamazon.com incbreaking news: technologybusiness news

Source: https://www.cnbc.com/2023/10/06/amazon-sellers-sound-off-on-the-ftcs-long-overdue-antitrust-case.html


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