FTC interviews merchants in Amazon antitrust probe
A team of Federal Trade Commission investigators has begun interviewing small businesses that sell products on Amazon.com Inc. to determine whether the e-commerce giant is using its market power to hurt competition. “They’re spending lots of time with witnesses and trying to really understand what they’re saying.” Amazon hasn’t disclosed an investigation by the FTC, and the agency rarely confirms scrutiny of individual companies. The FTC is FTC investigators examining Amazon likely want to move quickly to make sure states or other agencies don’t get ahead of them, said Jennifer Rie, an analyst at Bloomberg Intelligence who specializes in antitrust litigation. “I told them if Amazon suspends you, it’s like a death knell,” said Karnani, who has been selling on the site for two years. In an emailed statement, an Amazon spokesperson said: “We have an appeals process where sellers can explain how they will prevent the violation from happening in the future or let us know if they believe they were compliant.” Molson Hart, who sells toys on Amazon through his company Viahart, said he spoke with the FTC for 90 minutes about an article he posted on Medium detailing how 98% of his sales come from Amazon and that other platforms like EBay and Walmart account for less than 2% of revenue.
US FTC to probe allegations of Amazon misleading customers over pricing discounts
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