Legality aside, I'm not sure that Amazon is winning in the long run with this strategy. I mostly buy products direct from the manufacturer these days and virtually all manufacturers have high quality websites with solid ordering experiences. As long as they have the name recognition, they can either sell for higher on Amazon and take the advertising hit or just ignore Amazon altogether. I continue to buy some stuff o…
i would pay more money to not have to put my credit card into or attach my identity to 100 different random websites all of which almost certainly have worse security practices than amazon and many of which absolutely will have that data stolen at some point. even for people who don't think about stuff like that, it's way easier for the average person to buy everything from a single place than to go to a bunch of dif…
The FTC sues to break up Amazon over an economy-wide “hidden tax”
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Re: The FTC sues to break up Amazon over an economy-wide “hidden tax”
#442Earlier quoted context omitted.
So you don't even know what the article is discussing. Amazon is killing competition and increasing costs to consumers.
I happen to know exactly what I’m talking about - you right now can look for an item on Amazon and see “this product is available at a lower price with ” You right now can set up a site on Shopify and sell your goods. If you are selling a differentiate product instead of cheap crap imported (or drop shipped) from China, you can create demand without going through Amazon. For instance, I was specifically looking for S…
I'm not going to bother explaining further, but thanks for confirming you don't understand the issue. It's not my job to educate you.
Re: The FTC sues to break up Amazon over an economy-wide “hidden tax”
#443Earlier quoted context omitted.
> Amazon responds that it is within its rights to not promote uncompetitive offers Sounds to me like Amazon has found a loophole in the law. It agrees to list anything for sale, with no anti competitive conditions, but then only recommends customers buy things that it believes are in the customers best interests. The FTC will struggle to argue that is illegal. Amazon can't be compelled to recommend stuff. (free speec…
>It will be hard for the court to argue that amazon should start recommending more expensive items to consumers, just to push consumers into looking for a cheaper platform. Yes, 100% this. That's why I said that this lawsuit has a major remedy problem. Even if the court agrees this is anticompetitive, how do you fix it? https://news.ycombinator.com/item?id=37767994
Re: The FTC sues to break up Amazon over an economy-wide “hidden tax”
#444So consumers get free shipping that is mostly paid for by third party sellers because it gives them access to a massive customer base. I dont see the problem?
Re: The FTC sues to break up Amazon over an economy-wide “hidden tax”
#445Legality aside, I'm not sure that Amazon is winning in the long run with this strategy. I mostly buy products direct from the manufacturer these days and virtually all manufacturers have high quality websites with solid ordering experiences. As long as they have the name recognition, they can either sell for higher on Amazon and take the advertising hit or just ignore Amazon altogether. I continue to buy some stuff o…
Re: The FTC sues to break up Amazon over an economy-wide “hidden tax”
#446Earlier quoted context omitted.
We should cap the fees. France has fees of something like 0.25% due to regulation.
They also need to be required to act more in line like telco common carriers. The payment processors have too much say in what they will and wont allow to be transacted on their networks which has nothing to do with financial risk or legality.
Re: The FTC sues to break up Amazon over an economy-wide “hidden tax”
#447> Once it achieved monopoly power, Amazon squeezed on price through fees to third-party sellers. As a third-party seller, you pay fees for listing on Amazon; for using Amazon’s warehouse services, known as Fulfillment by Amazon (FBA); and for advertising services. If you don’t pay, you don’t get put in a place on the site where consumers click. So consumers get free shipping that is mostly paid for by third party sel…
Re: The FTC sues to break up Amazon over an economy-wide “hidden tax”
#448Earlier quoted context omitted.
They're obligated to by the grip Amazon already has on the e-commerce market. Letting Amazon make anti-competitive moves that increase their grip will only worsen the situation.
This grip you're describing only exists because they don't leave, and nothing is stopping them. Again, no one is forcing people to sell on Amazon. They could use Shopify or sell on eBay. People act as if you have to sell on Amazon. You don't. That assumption and expectation is why Amazon is dominant to begin with. Sellers should leave if they don't like it, and that will naturally soften Amazon dominance.
Re: The FTC sues to break up Amazon over an economy-wide “hidden tax”
#449> Once it achieved monopoly power, Amazon squeezed on price through fees to third-party sellers. As a third-party seller, you pay fees for listing on Amazon; for using Amazon’s warehouse services, known as Fulfillment by Amazon (FBA); and for advertising services. If you don’t pay, you don’t get put in a place on the site where consumers click. So consumers get free shipping that is mostly paid for by third party sel…
Re: The FTC sues to break up Amazon over an economy-wide “hidden tax”
#450Earlier quoted context omitted.
i would pay more money to not have to put my credit card into or attach my identity to 100 different random websites all of which almost certainly have worse security practices than amazon and many of which absolutely will have that data stolen at some point. even for people who don't think about stuff like that, it's way easier for the average person to buy everything from a single place than to go to a bunch of dif…
There was this feature provided by banks. I remember BofA was one. Unfortunately they removed it. You could create a temporary credit card number for specific vendor. It even had option to set one time limit or recurring limit. I don't understand why it was taken away, was it giving too much control to the customer?