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Amazon was tricked by a fake law firm into removing a hot product, costing this seller $200,000 - TL;DR CNBC

Amazon was tricked by a fake law firm into removing a hot product, costing this seller $200,000

Publishing timestamp: 2017-09-07 16:32:42


Summary

An Amazon merchant lost $200,000 in sales after his best-selling product was kicked off the site due to a complaint made by a fake law firm. Amazon's lack of proper vetting of seller complaints has led to an increase in malicious complaints from competitors, resulting in innocent sellers being suspended. The lack of guidance from Amazon in resolving intellectual property issues has left many sellers struggling to get reinstated.


Sentiment: NEGATIVE

Tickers: AMZN,  NKE, 

Keywords: business news,  technology,  amazon.com inc,  enterprise, 

Source: https://www.cnbc.com/2017/09/07/amazon-was-tricked-by-fake-law-firm-into-removing-toothbrush-head.html


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