Amazon BUSTED for Widespread Scheme to Inflate Prices Across the Economy— Amazon, its vendors, and competing retailers are price fixing, hiking up prices for consumer products, making Amazon richer
Amazon BUSTED for Widespread Scheme to Inflate Prices Across the Economy— Amazon, its vendors, and competing retailers are price fixing, hiking up prices for consumer products, making Amazon richer
Time and again, across years and product categories, Amazon has reached out to its vendors and instructed them to increase retail prices on competitors’ websites, threatening dire consequences if vendors do not comply.
Yes, buying from alternative websites is the bare minimum and the bar is so low it’s underground. But that’s beside the point: Amazon is price fixing across the internet.
And that higher price is because you cannot charge less than Amazon, but to list on Amazon you have to pay a search priority fee that has balloned from 10% to over 40%.
Thats why it’s better to skip the first pages of search returns, or just find the exact same thing on AliExpress for 50% less.
I buy direct from the manufacturer whenever I can.
The prices outside of Amazon will be higher though, that’s the reason for this enforcement, the “Amazon tax”. Cory Doctorow has been talking about it for a while. I’m glad to see someone that can do something heard it.
Finding stuff outside of Amazon isn’t easy, though. Search engines barely show results for anyone outside Amazon, Walmart, and ebay. Too often I’ll find a retailer for a while only for Amazon to buy it later or otherwise destroy them (I miss Woot and Jet and Fictionwise and Bookpool, &c).