The lawsuit says Amazon buries listings offered at lower prices on other sites.
At the same time, it also charges sellers high fees, forcing merchants to raise their prices on the platform, as well as on other e-commerce sites in order to keep their products competitive on Amazon.
The lawsuit also accuses Amazon of degrading customers’ experience by replacing relevant search results with paid advertisements, favoring its own brands over other products it knows to be of better quality, and charging heavy fees that force sellers to pay nearly half of their total revenues to Amazon. According to the anti-monopoly organization Institute for Local Self-Reliance, the cut sellers give to Amazon from their revenue is up from 35% in 2020 and 19% in 2014.
The vast majority of third-party merchants also use the company’s fulfillment service to store inventory and ship items to customers. Amazon has been consistently raising fees for those reliant on the program and more recentlyon some who don’t, a move that was blasted by the company’s critics. Last quarter, Amazon reported $32.3 billion in revenue from third-party services.
If successful, a court case could be a big boost for the FTC’s Khan, a Big Tech critic who gained prominence as a Yale law student in 2017 for her scholarly work “Amazon’s Antitrust Paradox.” In 2021, Amazonfrom agency probes against the company because of her earlier criticism.
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