subtle crushing out of all small business
Amazon just pulled some PR jujitsu (again) |
Amazon’s marketplace for 3rd-party sellers is huge, accounting for half of its $280B revenue in 2019. For years, Amazon avoided legal repercussions by holding itself as a blameless provider of services (inventory, shipping) rather than the “seller of record.” But the government wants to hold Amazon liableTwo weeks ago, the California courts sided with a customer who sued Amazon after a faulty 3rd-party battery blew up in her face. A new bill there would make Amazon responsible for its 3rd-party sellers, a much more expensive proposition than… doing nothing. As with Facebook and Google, regulators are increasingly scrutinizing Amazon for the (physical) content on its platform. In a 4D chess move, Amazon is backing the billIn a blog post, the Seattle-based ecommerce giant writes that they share the “California legislature’s goal of keeping consumers safe.” This isn’t Bezos’ first rodeoAs the world’s 3rd (get it?) largest company, Amazon has the tech and legal resources to weather stricter e-commerce regs. |
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