The Federal Trade Commission (FTC) has sued Amazon, charging the retail giant with “illegally [maintaining] its monopoly power.” The antitrust lawsuit, filed Tuesday (Sept. 26) by the FTC and 17 states, alleges that Amazon uses unfair, anti-competitive strategies to block other merchants from success. “The...
Smart glasses have long been the stuff of science fiction dreams, promising a future where we can seamlessly integrate digital information and augmented reality into our daily lives. However, despite numerous attempts by tech giants and startups, smart glasses have consistently failed to take off...
The Federal Trade Commission (FTC) is reportedly expected to file a lawsuit against Amazon for antitrust violations next week. The anticipated antitrust complaint, which will be filed in federal court, is expected to focus on several key issues, Bloomberg reported Friday (Sept. 22), citing unnamed sources. Reached by PYMNTS, an FTC...
Amazon has canceled a planned fee on merchants who don’t use its shipping services. The fee, announced in August, was set to take effect Oct. 1 and would have applied to third-party merchants using Amazon’s Seller Fulfilled Prime program, Bloomberg reported Wednesday (Sept. 20). Amazon began notifying merchant...
Amazon aspires for Alexa to be an integral part of the consumer’s household. During its product launch on Wednesday (Sept 20), Amazon unveiled enhancements to its Alexa voice assistant, introducing intuitive decision-making capabilities derived from natural conversation. This is in response to the rising consumer...
The Federal Trade Commission (FTC) has named three senior Amazon executives in an amended complaint, alleging their involvement in deceptive practices related to the company’s Prime program. The executives, Neil Lindsay, Russell Grandinetti and Jamil Ghani, have been accused of being aware of issues around enrolling consumers into Prime without their consent and making...
Amazon has gone from “Just Walk Out” to “Just Wear Out.” The retail giant on Tuesday (Sept. 19) announced an expansion of its Just Walk Out technology — its checkout-free shopping tool — upgrading an offering first designed for items like food and beverages and...
Amazon is reportedly considering introducing two new subscription programs: one in grocery and one in healthcare. These would be stand-alone memberships for these offerings, Seeking Alpha reported Monday (Sept. 18), citing a paywalled article by Insider. The company is also considering integrating One Medical’s primary care service with Amazon’s...
Amazon has unveiled a pair of tools to help merchants using its Buy with Prime program. Introduced in April 2022, the program lets merchants sell listed products directly from their websites, making Amazon’s payments and fulfillment services available at checkout and allowing shoppers to use...
