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RE: LeoThread 2024-12-29 11:29

in LeoFinance13 days ago

Part 5/7:

The Federal Trade Commission (FTC) has alleged that Amazon employs monopolistic practices detrimental to both consumers and third-party sellers. With a court order permitting the FTC to move forward with its antitrust lawsuit, revelations have surfaced about how Amazon's business model impacts the marketplace. The marketplace is heavily influenced by a surge of foreign sellers, especially from China, who often sell products under various listings, further crushing competition.

Amazon’s reliance on these sellers allows it not only to maintain prices but to leverage its extensive market reach, often leading to subpar service and lower-quality products. Critics argue that Amazon benefits from a chaotic environment where it can manipulate seller behavior and inflate prices.