You probably think Amazon only sets prices on its own website, right? Well, a new report suggests their pricing tactics might be quietly inflating costs across the entire internet, impacting your wallet even when you shop elsewhere.
That "great deal" you found on another site might still be influenced by Amazon. A recent report by the Federal Trade Commission (FTC) alleges Amazon uses various strategies to inflate prices across the web, not just on its platform.
The FTC's complaint, filed in September 2023, claims Amazon's practices harm competition and lead to higher prices for consumers on and off Amazon.