Headlines

Senator Calls for Amazon’s Breakup

Massachusetts Sen. Elizabeth Warren called for the breakup of Amazon (Seattle) after Reuters discovered the company created knock-off products and manipulated product searches in India, The Hill reports.

Responding to the Reuters report on Twitter, Warren said it shows “what we feared about Amazon’s monopoly power – that the company is willing and able to rig its platform to benefit its bottom line while stiffing small businesses and entrepreneurs. This is one of the many reasons we need to break it up.”

The scheme came to light after Reuters obtained internal emails and strategy-related documents from Amazon showing that its private-brands team in India created the knockoff goods, offered them on Amazon.in, and rigged the search algorithm so the copied products would show up in the first two or three results. While the company’s policy prohibits such campaigns, former CEO Jeff Bezos testified before Congress last year saying he could not guarantee that Amazon has adhered to the policy.

Read more at The Hill.

PETS+ Staff

Since launching in 2017, PETS+ has won more than 20 major international journalism awards for its publication and website. Contact PETS+ editors at editor@petsplusmag.com.

Recent Posts

What Do Gelato, an Octopus and Dental Floss Have in Common?

They're all new and notable products you should consider for your pet store.

6 hours ago

Pet Retailers Share Their Most Successful Kickback Coupons for Adopters

Find out what works and what doesn't work for your fellow indies.

6 hours ago

National Animal Supplement Council Fact Sheet

P: (760) 751-3360 / E: info@nasc.cc / W: animalsupplements.org In NASC’s own words: While price…

6 hours ago

How to Make the Most of Relationships with Pet Vendor Partners

Doing so will create a win-win for both the retailer and the brand.

7 hours ago

Retail Employment Surged in April

Sector created 20,000 new jobs for the month.

16 hours ago

Ransomware Attacks on the Upswing

Reported online blackmail surged by 67% last year and is expected to grow exponentially.

3 days ago

This website uses cookies.