…Shaxson on Amazon, part 2:
“Who ultimately pays? You do, because those [Amazon] sellers must jack up their prices to stay afloat. The fees are like private taxes that consumers and sellers pay to Jeff Bezos and Amazon’s shareholders.
Worse, Amazon’s pricing rules encourage sellers to increase their prices *off* Amazon. A lawsuit by the US Federal Trade Commission calls this a ‘one-two punch’ where sellers must ‘use their inflated Amazon prices as a price floor everywhere else’.”