'People were sick to their stomachs with his fake sincerity': Frustrated Amazon sellers slam Bezos for claiming his retail platform empowers small businesses
In both instances, Amazon did not communicate with BuyBoxer on why it was suspended until several days after, costing the company tens of thousands of dollars in sales.
Sellers have stated for years that Amazon will sometimes duplicate items from their own catalog that perform well on the website. The retailer has access into the data on third-party sales, and some say they do not use that data in good faith. Jeff Peterson Bezos did not provide a clear answer on how that data is used. "What I can tell you is we have a policy against using seller-specific data to aid our private-label business," the CEO said. "But I can't guarantee you that policy has never been violated."
After all, sellers consent to giving Amazon their sales data. It may leave a bad taste in someone's mouth, but it's not illegal.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amazon releases CEO Jeff Bezos' remarks ahead of antitrust hearing - Business InsiderJeff Bezos will tell Congress that Amazon's size is a good thing, and that it faces plenty of competition from rivals like Walmart: 'Just like the world needs small companies, it also needs large ones'
Read more »
Jeff Bezos says Amazon may have violated its own seller data policies - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
Tech antitrust: Recap of Bezos, Cook, Zuckerberg, Pichai testimony - Business InsiderCEOs from Apple, Amazon, Google, and Facebook had to defend their companies against what lawmakers called 'a pattern of' monopolistic behavior. Here's how each was grilled during Wednesday's landmark hearing.
Read more »
Sen. Mark Warner opposes Big Tech break-up – for now: 'Chinese companies may not be the better alternative'Warner's remarks came after Jeff Bezos of Amazon, Facebook's Mark Zuckerberg, Sundar Pichai of Google and Apple's Tim Cook testified before Congress on antitrust and anti-competitive behavior.
Read more »
Amazon emails show how Jeff Bezos handled the Ring deal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
Big Tech testifies: Bezos promises action if investigation reveals misuse of seller data, Zuckerberg defends Instagram acquisitionThis is CNBC's live blog of the House Antitrust Subcommittee hearing featuring testimony from the CEOs of Amazon, Apple, Facebook and Google.
Read more »