The FTC sues to break up Amazon over an economy-wide “hidden tax”
An excerpt from: <a href="https:&#x2F;&#x2F;pluralistic.net&#x2F;2023&#x2F;04&#x2F;25&#x2F;greedflation&#x2F;" rel="nofollow noreferrer">https:&#x2F;&#x2F;pluralistic.net&#x2F;2023&#x2F;04&#x2F;25&#x2F;greedflation&#x2F;</a><p>Amazon binds its sellers over to something called Most Favored Nation status. That means that sellers can&#x27;t offer their goods more cheaply than they do on Amazon – even if it costs them (lots) less to sell in Target or direct from their websites. This means that every time a seller adds a dollar to their Amazon sale price, they have to add a dollar to the price of their goods everywhere else, too.<p>After a bunch of state AGs filed lawsuits against Amazon over this, the company promised to cut it out.<p>They lied.<p>A new filing in California&#x27;s suit against Amazon reveals that sellers live &quot;in constant fear&quot; of retaliation from Amazon if they allow their goods to be sold more cheaply elsewhere.