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Tue Aug 6 2019 00:13:57

Amazon Accused of Pressuring Sellers on Price

By: Ina Steiner

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Facing scrutiny from regulators, Amazon eliminated its price parity requirement in the spring. The price parity clause had prohibited sellers from offering items they listed on Amazon at a lower price anyplace else. But the marketplace is coming under fire over its pricing policies yet again.

Amazon constantly scans prices on other websites, and according to a report from Bloomberg on Monday, "When it discovers a product is cheaper on, say, Walmart.com, Amazon alerts the company selling the item and then makes the product harder to find and buy on its own marketplace - effectively penalizing the merchant."

Bloomberg said Amazon does not ... Read More



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