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Joined 3 years ago
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Cake day: August 2nd, 2023

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  • Because Amazon has a monopoly, price matching doesn’t mean “we will drop our prices to match competition”, it actually means they bully suppliers to raise their prices to meet Amazon’s price.

    This inflates prices of goods because Amazon is increasingly taking a higher share of each transaction, so before, when companies could offer a cheaper in-store option because they were saving on these fees, they are forced to raise their prices to keep making a sustainable profit.

    In summary, the more power you give Amazon, the higher fees they can charge suppliers and the worse the price gets for you as they are forced to pass on the fees. And you won’t be wiser because they control the market’s price at the supplier’s store and on Amazon.