Amazon rivals offer help to antitrust investigators
Some of the biggest retailers in America have thrown their weight behind antitrust investigations into Amazon and Google.
The Retail Industry Leaders Association (RILA), which counts Walmart, Target, and Best Buy among its members, wrote a 10-page letter to the Federal Trade Commission, saying it would be happy to assist with regulatory probes, reports Business Insider.
One of the main concerns raised in the letter is to do with tech giants controlling how people search online. “It should… be quite concerning to the Commission that Amazon and Google control the majority of all of Internet product search, and can very easily affect whether and how price and product information actually reaches customers,” the letter said.
RILA takes particular aim at Amazon for “degrading the consumer experience on its own platform,” and said the company “tends to deceive consumers” by pretending to sell directly from trusted brands, even when those brands choose to remain off the platform and their merchandise is being sold on by third-party sellers.
The retailers’ letter turns up the heat on rivals like Amazon. Democratic presidential hopeful Elizabeth Warren is among those to have said that Amazon’s role as both marketplace and vendor is a prime reason for breaking up Jeff Bezos’ company.
More Amazon news
Consumers feel guilty after shopping on Amazon, but keep coming back
Amazon reputation takes a plunge Amazon is dealing with a tsunami of online buying and shipping since the pandemic lockdown started and it continues to grow. Fulfillment centers are overloaded, causing shipments losses and delivery delays. Amazon has added more than...
Amazon bans Chinese sellers with $1 billion revenue
Several top Chinese sellers have disappeared from Amazon Amazon has blocked over a dozen Chinese sellers for alleged “suspicious behaviour”, including two of the biggest electronics Amazon-native brands out of China. The total sales by the suspended sellers exceeds...
Amazon will let sellers contact customers directly
Amazon is loosening its grip on customers Amazon is testing a new feature for sellers that will let them contact customers directly by email to notify them of things like new product announcements or sales. It’s a major change from Amazon’s current policy, which is to...