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‘We were at their mercy’: inside the Amazon tactics that hiked prices across the internet

CN
CitrixNews Staff
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‘We were at their mercy’: inside the Amazon tactics that hiked prices across the internet

Internal emails revealed in court and interviews with ex-employees describe how Amazon’s practices drove up prices for competitors like Walmart and Target. Amazon denies price-fixing claims and says it works to lower costs for consumers

A “modern leather” table lamp, listed online at Walmart, shot up from $24.99 to $39. The price of an air fryer on a retail site called Newegg went from $84.99 to $149.99.

An electric ice-cream maker was listed at just $17.99 at Amazon and Best Buy. Then it became unavailable at Best Buy, and more than tripled in price to $59.99 at Amazon.

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Originally reported by The Guardian. Read the full story at the original source.