In the News: Stacy Mitchell
April 13, 2022
Media Outlet: Bloomberg
Stacy Mitchell, co-executive director of the Institute for Local Self-Reliance, an advocacy group for small independent businesses, said the new fee “has the potential to be problematic when it comes to antitrust because Amazon locks you into using this service. It’s absolutely an antitrust vulnerability for Amazon, because that’s what monopolies do is they corner the market and raise prices.”
The frequent Amazon critic said the company took a 34% cut of each merchant’s sale on the site in 2021, up from 19% in 2014, and that the new fuel charge will push its take even higher.
Read more about ILSR’s Independent Business initiative here.