Amazon Execs Intentionally Made Site Shittier to Rake in More Profit, New Quotes from FTC Lawsuit Show

[searcher]

Amazon Execs Intentionally Made Site Shittier to Rake in More Profit, New Quotes from FTC Lawsuit Show​

Newly unredacted sections of the Federal Trade Commission’s complaint against Amazon for “illegally maintaining monopoly power” show that company executives, including former CEO Jeff Bezos, knowingly made changes to the e-commerce platform that boosted profits while harming consumers and sellers, and making the site less usable.

The newly-revealed sections, which were initially redacted in the September complaint, quote internal Amazon documents and numerous unnamed Amazon officials as well as founder and former CEO Jeffrey Bezos. These quotes show that the company intentionally accepted an increasing number of junk advertisements that made the site worse to use for both sellers and customers and forced sellers to pay more for visibility, the FTC alleges.

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Amazon Execs Intentionally Made Site Shittier to Rake in More Profit, New Quotes from FTC Lawsuit Show

Former CEO Jeff Bezos instructed executives to "accept more defects," an internal term for irrelevant ads.

www.vice.com

 

[searcher]

From Oct 12th.............

The Enshittification of Amazon Continues... - The Big Picture

In August of 2022, I explained how Amazon became ordinary. Today I want to discuss how they have become bad. Since I first discussed the companies that lost my affection during the pandemic nearly two years ago, Amazon continues to stand out as delivering an ever-worsening set of experiences. I...

ritholtz.com

 

[Voodoo]

Anyone that paid attention could see they did NOT have the best prices. It was convenient though.

 

[Goldhedge]

Talking about best prices!!

I usually shop AMZN for 'stuff', but I also check elsewhere.

Point in case... Pickling Lime.... aka Sodium Hydroxide

AMZN $12 (prime)

ACEHardware $6

same size and manufacturer!!

 

[KnowWhy]

I was getting frustrated with the search results on amazon and then saw the lawsuit announced the next day. I know there are better options in the products I was looking for, but it kept giving sponsored results only