Amazon

Amazon
Justice Dept. Joins DC’s Antitrust Action Against Amazon
April 29, 2022

The Biden administration has asked a judge to review a suit accusing Amazon of anticompetitive behavior, Bloomberg writes, to possibly bring it back after it was dismissed. The suit, previously dismissed in March, alleged Amazon’s contracts with merchants had inflated prices. The judge found no...

Amazon
Amazon Online Sales Decline 3% YOY, Sets Sights on Prime Day
April 28, 2022

Sounding a bit like the pandemic is over and done, Amazon is talking of a return to “normal” patterns, as Prime growth continues despite some slowing at the world’s largest retailer. On a Q1 2022 earnings call with analysts Thursday (April 28), Amazon Senior Vice...

Amazon
Australian Regulator Says Amazon Won’t Describe Search Algorithm
April 28, 2022

Amazon has reportedly been declining to describe its product-search system to an Australian competition regulator which has seen complaints of large markets giving preference to in-house wares, Reuters wrote Thursday (April 28). Amazon withholding this info could set the stage for a rehashing of the...

Amazon
Amazon Takes on Shopify With ‘Buy With Prime’
April 21, 2022

Amazon is making moves to boost its relationship with sellers as rival Shopify continues to expand its presence and swoop in on the eCommerce giant’s turf, according to a Thursday (April 21) press release. Buy With Prime will allow select Amazon merchants to sell their...

Amazon
Amazon’s Andy Jassy Hints More Prime Benefits on the Way
April 14, 2022

In his first letter to shareholders since taking the reins from Jeff Bezos in July, Amazon President and CEO Andy Jassy provided a history lesson with some Easter eggs of future vision. While light on hard news, the Thursday (April 14) letter provided a glimpse...

Amazon
Amazon Adds 5% Merchant Surcharge Citing Fuel Costs and Inflation
April 13, 2022

Amazon is blaming rising fuel costs and inflation for its decision to impose an average 5% surcharge on merchants to store and ship their products in the United States, Reuters reported Wednesday (April 13). The price increase marks the company’s first such surcharge and comes...

Amazon
SEC Investigates Amazon for Use of Third-Party Sellers’ Data
April 06, 2022

Regulators are looking into the way Amazon has disclosed some details of its business practices — including how it uses third-party seller data for private-label businesses, The Wall Street Journal reported Wednesday (April 6), citing unnamed sources. The Securities and Exchange Commission (SEC) is looking...

Amazon
Alexa Will Soon Tell Consumers When Wish List Items Are on Sale
March 31, 2022

Amazon’s Alexa voice assistant will soon be telling users when items they’ve been looking at will be on sale, CNBC reported Thursday (March 31). The eCommerce titan said Alexa will notify Prime customers 24 hours in advance of upcoming sales on items in their Amazon...

Amazon
Amazon Offers Double Cash Back on Fuel for Flex Users
March 30, 2022

With fuel prices remaining at more than $4 per gallon in most U.S. cities and no end in sight to high prices, Amazon on Wednesday (March 30) announced a program that will double cash back rewards on fuel purchases to up to 12% for Amazon...