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Amazon Prime Day 2020 was a “record-breaking event for small and medium businesses” as third-party seller sales grew more than Amazon’s own.
Third-party sellers, which now account for more than…
Read MoreSix charged in Amazon bribery scandal worth over $100m
Amazon has been embroiled in a bribery scandal which has now seen six individuals charged in connection to a scheme worth hundreds of millions of dollars.
Six defendants have been…
Read MoreAmazon dealt major blow after court rules “it should be held liable” for defective goods
Amazon can now be held liable for unsafe products sold on its platform just like other retailers, in a major blow to the ecommerce giant.
The California Fourth District Court…
Read MoreAmazon bans all non-essential fulfillment in major blow to third-party sellers
Amazon is banning its sellers in the UK and US from sending any non-essential items to its warehouses from April 5 as it struggles to deal with a surge in…
Read MoreEU could launch major Amazon antitrust probe “within days”
EU competition commissioner Margrethe Vestager is set to launch a formal investigation into Amazon “within days” according to two people familiar with the case speaking to Bloomberg.
Now into her…
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