Wednesday, October 11, 2023

https://ift.tt/1T92cFQ sellers say they made a good living — until Amazon figured it out

Amazon faces a landmark federal lawsuit that accuses it of squeezing independent sellers like this Michigan company, Top Shelf Brands, which used to sell hair and beauty products on the platform. In 2022, the company stopped operating and filed for bankruptcy.

The federal government has sued Amazon for allegedly using its monopoly power to stamp out rivals. Now, some small businesses that sell on the marketplace reveal what it's like to depend on Amazon.

(Image credit: Douglas Mrdeza)

Amazon sellers say they made a good living — until Amazon figured it outAmazon faces a landmark federal lawsuit that accuses it of squeezing independent sellers like this Michigan company, Top Shelf Brands, which used to sell hair and beauty products on the platform. In 2022, the company stopped operating and filed for bankruptcy.

The federal government has sued Amazon for allegedly using its monopoly power to stamp out rivals. Now, some small businesses that sell on the marketplace reveal what it's like to depend on Amazon.

(Image credit: Douglas Mrdeza)



from Technology : NPR https://ift.tt/gAHo7px
via IFTTT

No comments:

Post a Comment