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Amazon drops planned merchant fee as FTC lawsuit looms

Economic Times · 1y

Amazon has decided to cancel its plan to impose a 2% fee on third-party sellers who ship their products themselves, which was set to take effect on October 1. The company made this decision after facing backlash and considering the potential impact on seller sentiment. Amazon had initially introduced the fee to offset its rising costs but has now reversed its course amid growing antitrust scrutiny. The move comes as the U.S. Federal Trade Commission (FTC) is expected to file a lawsuit against Amazon later this month over alleged antitrust violations.