Amazon Faces Lawsuit Alleging Monopoly Abuse Against Third-Party Sellers
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Amazon faces a federal lawsuit accusing it of illegally squeezing out third-party sellers like Top Shelf Brands, which grew quickly but went bankrupt.
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The lawsuit alleges Amazon uses its monopoly power to promote its own products over third-party sellers and hikes fees.
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Sellers say when their products succeed on Amazon, the company often sells the items itself at lower prices.
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Amazon can remove or bury rival sellers' listings and prevent them from contacting customers during disputes.
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Critics say Amazon's dominance diminishes competition and the overall online retail experience.
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