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Is Amazon Losing Control of Its Platform?


This article was first published by MyWallSt. Do you want access to 25 years of market-beating experience in one day? Find out more about MyWallSt's exclusive InPerson November event!

When one uses Amazon's (NASDAQ: AMZN) online store service, there is a sense of relative security that you can shop with ease without fear of being swindled or cheated in a sale. However, this may not be the case, as the company has apparently ceded some control of its flagship online service to third-party sellers.

An investigation by The Wall Street Journal recently found that Amazon continues to host thousands of unsafe or banned products on its site, and anyone who wishes to can purchase them. With 60% of products coming from third-party sellers, this was always a risk. These items can range from seemingly harmless toys that lack the proper health risk disclosures to more sinister products such as medication and subscription drugs.

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Source Fool.com

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