Amazon faces multiple lawsuits accusing the company of steering consumers to higher-priced items, violating consumer protection laws. Walmart and Energizer are also facing lawsuits alleging antitrust violations for conspiring to raise battery prices. Additionally, Amazon is accused of hiding the best deals with its algorithm, leading to customers paying more. Mexican regulator Cofece highlights possible competition barriers in the e-commerce market, pointing to Amazon and Mercado Libre as potential threats.
⚠️ AMAZON, MERCADO LIBRE MAY THREATEN E-COMMERCE COMPETITION, MEXICAN REGULATOR SAYS (Reuters) Mexican antitrust regulator Cofece on Tuesday said it had identified "possible barriers" to competition in the e-commerce market, with Amazon and Mercado Libre together controlling… https://t.co/vxymPhv7O8
Amazon accused of a 'deceptive scheme' to make customers pay more https://t.co/EWfLVbJ8dK
Amazon Hides Cheaper Items With Faster Delivery, Lawsuit Alleges https://t.co/YmhUuUY8Fn
Amazon’s algorithm “deliberately” hides the best deals, lawsuit claims https://t.co/hGzr45uDqj
⚠️ WALMART, ENERGIZER MUST FACE LAWSUITS OVER BATTERY PRICES (Reuters) Walmart and Energizer were ordered by a U.S. judge to face lawsuits by consumers and retailers accusing them of violating antitrust law by conspiring to raise prices of disposable batteries. In a decision…
Shocker $AMZN Amazon steers consumers to higher-priced items, lawsuit claims Amazon. com is sued in a U.S. class action accusing the online retailer of violating a consumer protection law by steering hundreds of millions of shoppers to higher-priced items in order to earn…