Amazon is Reportedly Stifling Competitor Ads

Amazon is no stranger to scrutiny over its business practices. The online marketplace already has a stronghold over fast delivery of consumer goods. But CNBC reported on a recent investigation by Wall Street Journal, revealing the ecommerce giant may be taking their power a step further. Amazon appears to be blocking competitor ads that compete with Amazon’s own goods, like FireTV and the EchoDot. Amazon spokesperson Jack Evans replied to the accusations saying, “News flash: retailers promote their own products and often don’t sell products of competitors…Walmart refuses to sell Kindle, Fire TV, and Echo. Shocker. In the Journal’s next story they will uncover gambling in Las Vegas.”

On this Business Casual snippet, hosts Daniel Litwin and Tyler Kern examine whether Amazon is in the best position to set the rules of a fair market, and why. As benefactors of its own ecommerce platform and its advertising channel, is Amazon overstepping its market power?

KEY POINTS:

  • The WSJ reports Amazon blocks product competitors from advertising alongside its own product line.
  • Is Amazon a fair marketplace if the ecommerce platform also regulates who can advertise?
  • Amazon digital advertising grew 90% last year, promising the giant a new channel of business.

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Latest

Not Your Father’s Data Center: Innovations in Generator Land
May 24, 2022
How did a Texas boy, who swore up and down he’d never leave Texas for Oklahoma, wind up involved with the data storage industry in Oklahoma? Chris Brown, CTO at Uptime Institute, isn’t 100% sure himself, but Read more
Leveraging AI to Improve Patient Outcomes in Healthcare
Leveraging AI to Improve Patient Outcomes in Healthcare
May 24, 2022
The importance of providing patients with a fast and accurate diagnosis cannot be overstated – it can be the difference between life and death. Unfortunately, the healthcare system is overwhelmed, and physicians Read more
Implementation Strategy: What Does a Successful Surgical Instrument Management System Implementation Look Like?
May 24, 2022
Technology plays a central role in every aspect of medical advancement — even in the surgical asset management field. On an episode of ConCensis host, Tyler Kern was joined by Theresa Cole, a Sterile Read more