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Amazon's New Fees on Sellers Likened to 'Kick in the Gut'
(Bloomberg) -- Amazon.com Inc. merchants have found themselves caught in an economic vice.Most Read from BloombergMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t Track‘Seriously Underwater’ Home Mortgages Tick Up Across the USArm Slides as Tepid Outlook Fuels Concerns Over AI Slowdown Earlier this year, the e-commerce giant rolled out changes to the fees its charges them — essentially shifting more of its operating costs
Earlier this year, the e-commerce giant rolled out changes to the fees its charges them — essentially shifting more of its operating costs onto the small businesses that account for most of the products sold on the site. Amazon said the new fees are intended to reflect its own cost of distributing inventory around the US so more items can be delivered in just one day, which helps boost overall sales for online merchants. In January, Amazon cut commissions for sellers of low-cost apparel, a move interpreted by merchants as an effort to blunt competition from Chinese fast-fashion startup Shein.
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