All articles tagged with #third party sellers
Nintendo of America and Amazon have had a strained relationship, leading Nintendo to stop selling their products on Amazon US after third-party sellers offered games below retail prices by importing them from Southeast Asia, which Nintendo disapproved of. Amazon attempted to address the issue with authenticity labels, but Nintendo decided to pull their products from the platform.
Nintendo pulled its products from Amazon US after a dispute over unauthorized third-party sales and pricing undercutting, missing the launch of the highly anticipated Switch 2 console in the US, despite Amazon selling it in other markets. Nintendo aims to regain control over its product sales and distribution channels amid ongoing conflicts with third-party merchants and Amazon's marketplace policies.
Thrasio, a major player in the Amazon aggregator space, has filed for Chapter 11 bankruptcy protection, aiming to reduce its debt by $495 million and secure up to $90 million in fresh capital. The company, which raised $3.4 billion and was once eyeing a public listing, faced challenges as e-commerce growth slowed and economic uncertainty increased. Despite layoffs and executive departures, Thrasio aims to use the new capital to support its brands and scale its infrastructure.
Amazon is facing a federal lawsuit accusing it of squeezing independent sellers, as many third-party merchants have experienced success followed by bankruptcy. The lawsuit alleges that Amazon uses its monopoly power to eliminate rivals, punishes sellers offering lower prices on other platforms, and increases fees indiscriminately. Sellers claim that Amazon competes with them by selling the same products, often at lower prices, and using its dominance to control search results and shipping. Critics argue that Amazon's market dominance necessitates more competition and potential breakup to protect consumers and prevent a diminishing online experience.
Amazon is facing a federal lawsuit filed by the Federal Trade Commission (FTC) and 17 state attorneys general, accusing the company of using its monopoly power to harm independent sellers. The lawsuit alleges that Amazon punishes third-party sellers offering lower prices on other platforms, forces them to use its shipping service, and increases fees indiscriminately. Many third-party sellers have experienced success on Amazon only to later lose everything, as the company competes with and replicates their products. The lawsuit highlights the precarious position of third-party sellers on Amazon, where sudden changes can have devastating consequences. Critics argue that Amazon's dominance necessitates more competition and potential breakup to protect consumers and promote a better online experience.
The Federal Trade Commission (FTC) has filed a sweeping antitrust lawsuit against Amazon, accusing the e-commerce giant of using its monopoly power to harm merchants and stifle competition. The FTC alleges that Amazon employs an "anti-discounting strategy" and a "massive web-crawling apparatus" to track online prices and punish third-party sellers who offer lower prices elsewhere. The agency claims that this leads to artificially inflated prices and a degraded shopping experience for consumers. Amazon argues that sellers set their own prices and that the lawsuit could prevent the highlighting of low prices, contrary to the goals of antitrust law. Some Amazon sellers have expressed support for the lawsuit, citing grievances over rising fees and competition, while others believe the FTC's claims are misguided. Concerns have been raised about Amazon's pricing policies and fees, with sellers experiencing negative impacts on sales and frustration over the buy box.
The Federal Trade Commission (FTC) is reportedly preparing to file an antitrust lawsuit against Amazon as early as next week. The details of the case are not yet known, but it is expected that the FTC will focus on Amazon Prime, allegations of pushing third-party sellers to use its services, and rules preventing products from being sold for less on rival platforms. This would mark the fourth action taken by the FTC against Amazon this year, following previous lawsuits related to children's privacy concerns and coercive Prime subscription practices.
Some fans who purchased Taylor Swift concert tickets from third-party sellers like StubHub were left disappointed and frustrated when they found out the tickets didn't exist or were not as advertised. One fan filed a complaint with the Tennessee Attorney General's office to prevent others from experiencing the same issues. Despite this, Taylor Swift's takeover of Nashville was a huge success, leaving fans thrilled with her live performance.
Ephraim "Ed" Rosenberg, a well-known consultant for Amazon third-party sellers, has admitted to bribing Amazon employees for information to help his clients boost sales and get their suspended accounts reinstated. Rosenberg, who runs a consultancy business that advises entrepreneurs on how to sell products on the online marketplace, will plead guilty in federal court to a criminal charge stemming from a 2020 indictment that charged six people with conspiring to give sellers an unfair competitive advantage on Amazon's third-party marketplace. Rosenberg's Facebook group for sellers, ASGTG, has over 68,000 members, and he hosts a popular conference for sellers each year.