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Newly unsealed records in California's antitrust case against Amazon allegedly show the company pressured third-party sellers to raise prices on rival sites like Walmart, Target, and Wayfair so Amazon could maintain the appearance of offering the lowest price. California says Amazon used tools like Buy Box suppression to punish cheaper listings elsewhere. The Guardian reports: [...] In one previously redacted deposition, marked "highly confidential," Mayer Handler, owner of a clothing company called Leveret, testified that he received an email in October 2022 from Amazon notifying him that one of his products was "no longer eligible to be a featured offer" through Amazon's Buy Box. The tech giant, he testified, had suppressed the item, a tiger-themed, toddler's pajama set, because his company was selling it for $19.99 on Amazon, a single cent higher than what his company was offering it for on Walmart. Afterwards, Handler testified, his company "changed pricing on Walmart to match or exceed Amazon's price" or changed the item's product code to try to throw off Amazon's price tracking system. In response to a question from the Guardian, Handler criticized Amazon for tracking prices across the internet and "shadow" blocking his company's products -- tactics which he said were depriving consumers of "lower prices." "Maybe that's capitalism," he wrote. "Or that's a monopoly causing price hikes on the consumer."
In another unsealed deposition, Terry Esbenshade, a Pennsylvania garden store supplier, testified in October 2024 that whenever his products lost Amazon's Buy Box because of lower prices elsewhere on the internet, his sales on Amazon would plummet by about 80%. This financial reality forced him to try to raise his products' prices with other retailers elsewhere, he said. In one instance, Esbenshade testified, he discovered that one of his company's better-selling patio tables had "become suppressed" on Amazon. Esbenshade wasn't sure why, he recalled, until someone at Amazon suggested he look at Wayfair, another online retailer that happened to be selling his patio table below Amazon's price. The businessman went online and set up a new minimum advertised price for the table on Wayfair to ensure it was higher than Amazon's. "So that raised the price up, and, voila, my product came back" on Amazon, he said, thanks to the reinstatement of the Buy Box.
In another unsealed deposition, Terry Esbenshade, a Pennsylvania garden store supplier, testified in October 2024 that whenever his products lost Amazon's Buy Box because of lower prices elsewhere on the internet, his sales on Amazon would plummet by about 80%. This financial reality forced him to try to raise his products' prices with other retailers elsewhere, he said. In one instance, Esbenshade testified, he discovered that one of his company's better-selling patio tables had "become suppressed" on Amazon. Esbenshade wasn't sure why, he recalled, until someone at Amazon suggested he look at Wayfair, another online retailer that happened to be selling his patio table below Amazon's price. The businessman went online and set up a new minimum advertised price for the table on Wayfair to ensure it was higher than Amazon's. "So that raised the price up, and, voila, my product came back" on Amazon, he said, thanks to the reinstatement of the Buy Box.
Read more of this story at Slashdot.
A few years back, the Mini Cooper’s taillights were designed to look like the Union Jack flag, which is fine until you turn the blinker on and it looks like an arrow pointing in the wrong direction. I hated this design the moment I saw it on the road.
Neither former world champion was at obligatory event as two British prospects look forward to moment in spotlight
If there were any doubt remaining that Ronnie O’Sullivan retains a gravitational pull on the world of snooker, few moments hammered home the point better than Friday’s launch of this year’s World Snooker Championship when the seven-time champion became the story without even being there.
The first ball will not be potted in Sheffield until Saturday morning and the first headline has been generated by a player not in action until Tuesday. When the traditional photo of the world’s top 16 took place as usual outside the Crucible on Friday afternoon it did so without two of the sport’s biggest names in O’Sullivan and Judd Trump.
Continue reading...Nothing about No 10’s version of the Mandelson debacle makes sense as the excuses factory works overtime
On days like these you reckon the prime minister would have more chance of being believed if he had said the dog ate his homework. After all, it’s quite possible that Keir Starmer has not yet realised he doesn’t have a dog. His amnesia and lack of curiosity are a piece of performance art. Almost up there with Boris Johnson. Keir would probably take that as a compliment.
As it is we are left with a dilemma. Occam’s razor. Either No 10 thinks we were born yesterday. Or everyone in No 10 was born yesterday. The excuses factory has been working overtime. But most people have already made up their minds.
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