Amazon drops planned merchant fee as FTC lawsuit looms


FILE PHOTO: The logo of Amazon is seen, November 15, 2022. REUTERS/Pascal Rossignol///File Photo/File Photo

(Reuters) -Amazon.com is scrapping a plan to charge merchants who do not use its shipping services an additional fee, a company spokesperson said on Wednesday, signaling that the e-commerce giant was taking a cautious approach to operations amid mounting antitrust scrutiny.

Effective Oct. 1, Amazon was planning to impose a new 2% fee on every sale by third-party sellers that ship their products themselves, according to media reports in August. The company said the fee was intended to shield itself from higher costs.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

OpenAI CFO says annualized revenue crosses $20 billion in 2025
Revolut seeks Peru banking license to expand Latin America footprint
NYSE-parent Intercontinental Exchange develops platform for 24/7 tokenized securities trading
Mother of Elon Musk's child sues his AI company over sexual deepfake images created by Grok
Japan, US narrow first $550 billion investment picks, including SoftBank-linked plan, sources say
Trump wants tech giants to pay for power. They’d love to
US$2 rental batteries are helping to power South Africa
Blind fans were given touch tech to follow Africa Cup games, but not for the final
OpenAI introducing ads to ChatGPT
Social media addiction's surprising challenger? Anti-doomscrolling influencers

Others Also Read