‘We were at their mercy’: inside the Amazon tactics that hiked prices across the internet

guardian

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Original Report

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INFERY

A “modern leather” table lamp, listed online at Walmart, shot up from $24.99 to $39. The price of an air fryer on a retail site called Newegg went from $84.99 to $149.99. An electric ice-cream maker was listed at just $17.99 at Amazon and Best Buy. Then it became unavailable at Best Buy, and more than tripled in price to $59.99 at Amazon. The price hikes and the product disappearances were not the blips of supply and demand – they were the results of behind-the-scenes pressure by Amazon, accordi