Community, Diversity, Sustainability and other Overused Words

Amazon Rigged Its Website, Forcing Consumers To Pay More

Lawsuit alleges Amazon's "Buy Box" algorithm hides cheaper items.

February 15, 2024, Los Angeles, CA – Amazon rigged its website "Buy Box" to "routinely" push the overwhelming majority of consumers to pay more for items that could've been purchased at lower costs with equal or faster delivery time, says a class action lawsuit.

The plaintiffs allege that the biased Buy Box algorithm drives customers to "reasonably" believe that featured items offer the best deal on the platform and that nearly 98 percent of Amazon sales are Buy Box featured items.

"But they [consumers] are often wrong," the complaint said, claiming that instead, Amazon features items from its retailers and sellers participating in Fulfillment By Amazon (FBA), both of which pay Amazon higher fees and gain secret perks like appearing in the Buy Box.

"The result is that consumers routinely overpay for items that are available at lower prices from other sellers on Amazon -- not because consumers don't care about price, or because they're making informed purchasing decisions, but because Amazon has chosen to display the offers for which it will earn the highest fees," the complaint said.

While Amazon claims to be a 'customer-centric' company that works to offer the lowest prices to its customers, the plaintiffs' lawyers expect hundreds of millions of Amazon consumers to be victims because virtually all purchases are made from the Buy Box. Amazon employs a deceptive scheme to keep its profits -- and consumer prices -- high," the lawsuit alleged.

Lawsuits continue to plague the e-commerce juggernaut, alleging manipulative pricing, forced services, secret price-fixing algorithms, and consumer harm. FTC Chair Lina Khan said, "Amazon is now exploiting its monopoly power to harm its customers, both the tens of millions of families that shop on Amazon's platform and the hundreds of thousands of sellers that use Amazon to reach them," she said. "Amazon now takes one of every $2 that a seller makes."

Website: https://www.TheCounterfeitReport.com

Twitter: @Counterfeit_Rpt

Facebook: The Counterfeit Report

The Counterfeit Report® is the first and only website to promote counterfeit awareness and provide consumers a free and informative visual guide to detecting counterfeit products. The Counterfeit Report has over 13 million unique viewers, has appeared on ABC, NBC, CBS, 20/20, Al-Jazeera, and Fox News TV, presented with the FBI and LAPD, and distributes to over 1500 news outlets and law firms.

The Counterfeit Report was awarded the prestigious Global Anti-Counterfeiting Award in the Media category in June 2018 for outstanding achievement in combating counterfeiting and piracy. The top honor is co-sponsored by Managing Intellectual Property and the Global Anti-Counterfeiting Group ("GACG"), an international network of national and regional IP protection and enforcement organizations covering over 40 countries. The Counterfeit Report is also a TRaCE (Tax Recovery and Criminal Enforcement) Task Force Community Partner, working to combat the underground economy with the DOJ, FBI, IRS, HSI, and EDD.

The Counterfeit Report has removed over 410 million counterfeit products from e-commerce websites including, Amazon, eBay, Walmart, Best Buy, Alibaba, Newegg, and DHgate, at the request of the trademark owners.

The Counterfeit Report uses thousands of authentic and counterfeit product photos to show consumers the sophistication of counterfeiters and their ability to create visually deceptive counterfeit products and packaging. Manufacturers and brand owners gain central venue mass-audience exposure and can immediately list and update their counterfeit product information for enhanced brand protection and direct consumer education. Consumers can report seeing or purchasing counterfeit products and the source directly to the manufacturer and authorities on the website.

 

Reader Comments(0)

 
 
Rendered 12/22/2024 00:16