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...Amazon said its “third-party sellers set their own prices” and that the company “offers optional tools to support them in offering competitive, low prices”....
...The only current disclosed short seller is London-based hedge fund Marble Bar....
...The Everything War makes a compelling case that no company should be this powerful. For many sellers, Amazon is now their main route to market....
...It strikes me as significant that the company is no longer bothering to keep track of who America’s role models are....
...The company worked to “eliminate mistakes and ‘false positive’ enforcements” and had an appeal process for sellers in place....
...Amazon, which has previously sparred with the CMA over its minority investment in UK food delivery company Deliveroo, hit out at the regulator’s latest potential intervention....
...Anna MutohSo Amazon tends to focus on the customer — us, right? It’s very customer-friendly at the detriment of the seller oftentimes....
...The Seattle-based company has also recently sparred with regulators in the EU, UK and US over a broad range of issues, including whether its operations and the treatment of sellers on its marketplace pose...
...Amazon is one of the tech companies that has opted to make significant cuts to its workforce since 2023....
...The problem is that the attributes that make Amazon stand out in ecommerce, including low prices and a vast product range, do not apply to the company’s physical stores....
...The company also tried to take on Amazon’s dominance in deliveries, buying fulfilment company Deliverr for $2.1bn in 2022, only to sell it a year later....
...The company, with a market capitalisation of $1.96tn, is the fourth most valuable company on Wall Street behind other so-called Magnificent Seven groups Microsoft, Apple and Nvidia....
...The company, with a market capitalisation of $1.96tn, is the fourth-most valuable company on Wall Street behind fellow Magnificent Seven groups Microsoft, Apple and Nvidia....
...Amazon’s Anthropic deal gives the Seattle-based company a well-known partner in AI as it vies with rivals Microsoft and Google for dominance in the space....
...The US Federal Trade Commission filed a sweeping antitrust lawsuit against the company in September, alleging that it was using its monopoly power to hurt consumers, rivals and sellers....
...Amazon has been more circumspect. Asked about the Talen deal, the company avoided using the word nuclear....
...Only with balanced development of investment and financing can the capital market form a virtuous cycle,” he said....
...The FTC filed a sweeping antitrust lawsuit against the company in September, alleging that it was using its monopoly power to hurt consumers, rivals and sellers....
...The addition of Amazon Pharmacy to Eli Lilly’s direct-to-consumer dispensing network is the first time Amazon has partnered with a big drug company since it launched its online pharmacy business in 2020....
...Today on the show, FT reporter Anna Mutoh joins us to talk about Shopify, its failed attempt to start delivering packages, and where the company goes next....
...Amazon has committed a further $2.75bn to artificial intelligence start-up Anthropic, strengthening its ties to the company as Big Tech’s race to dominate the booming AI sector intensifies....
...Diamond will publish its targeted valuation as a reorganised company in the coming weeks....
...Topher Forhecz Yeah, the virtuous cycle of Amazon . . . Camilla Hodgson Yeah, exactly, the virtuous cycle of Amazon. If you disrupt that, does that actually make things worse for consumers?...
...But unless the Seattle-based company acquires more healthcare groups, “its overall share of the prescription dispensing market will likely remain in the low single digits for the foreseeable future”, he...
...The European parliament on Tuesday confirmed the access badges that give Amazon lobbyists permission to be on its premises had been withdrawn after a group of MEPs called for the move, saying the ecommerce...
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