This Longstanding Amazon Merchant Fear Might Be True
For years, there has been rampant speculation that Amazon.com (NASDAQ: AMZN) copies the hot products third-party merchants sell on its ubiquitous e-commerce platform, releasing similar products under any number of its private label brands while undercutting the seller. A Bloomberg report from back in 2016 highlighted an example of a laptop stand made by Rain Design. Antitrust regulators in the European Union and lawmakers in the U.S. have also grilled Amazon on the allegations, which the company has vehemently denied.
Amazon might be doing just what merchants fear.
CEO Jeff Bezos. Image source: Amazon.
Source Fool.com
