Amazon must face US nationwide class action over third-party sales
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Re: Amazon must face US nationwide class action over third-party sales
#2Re: Amazon must face US nationwide class action over third-party sales
#3So what are we all looking at? $100 a piece? Lol "Have you used Amazon from the years x to y?" If it covers 2020 thats basically most Americans.
Re: Amazon must face US nationwide class action over third-party sales
#4> The consumers’ 2021 lawsuit said Amazon violated antitrust law by restricting third-party sellers from offering their products for lower prices elsewhere on rival platforms while they are also for sale on Amazon.
I've noticed that third-party sellers generally get around this by having the same list price on their own site, but basically offering everyone a coupon for 15-30% off. Not just for signing up for e-mails, but spinning a wheel that pops up a discount, items that are on sale 95% of the time, etc.
So while this may very well be anticompetitive of Amazon, at the same time it's generally something savvy sellers and savvy consumers have been able to get around easily for a long time.
Re: Amazon must face US nationwide class action over third-party sales
#5It’s quite awful that the best this country can do at "enforcing" antitrust violations is through class action lawsuits.
The only people that benefit here are the lawyers on both sides.
Re: Amazon must face US nationwide class action over third-party sales
#6So what are we all looking at? $100 a piece? Lol "Have you used Amazon from the years x to y?" If it covers 2020 thats basically most Americans.
$100 each for 330 million Americans sums to $33 billion, which is about half of Amazon's yearly profit (the whole company, not just e-commerce). While I think it should be higher still (anti-competitive practices should be harshly punished), it's not negligible. The real point isn't in the consumer payout, but in discouraging these practices, so that a handful of companies don't get a chokehold on the market (one could argue it's a bit late for that...)
Re: Amazon must face US nationwide class action over third-party sales
#7> Amazon argued, that the class was too large to be manageable
LOL, they literally have a giant data center at their disposal and some of the best automation geniuses in the world.
Re: Amazon must face US nationwide class action over third-party sales
#8> Amazon argued, that the class was too large to be manageable LOL, they literally have a giant data center at their disposal and some of the best automation geniuses in the world.
"I'm sorry your honor. We're breaking the law at such an extent it is impossible for us to be held responsible for it."
Re: Amazon must face US nationwide class action over third-party sales
#9> Amazon argued, that the class was too large to be manageable LOL, they literally have a giant data center at their disposal and some of the best automation geniuses in the world.
"I'm sorry your honor. We're breaking the law at such an extent it is impossible for us to be held responsible for it."
The federal government actually makes that argument all the time, and often prevails with it.
Re: Amazon must face US nationwide class action over third-party sales
#10> Amazon argued that the class was too large to be manageable
Sorry, we've wronged too many people to be held accountable! What a wild argument.