Institute for Local Self-Reliance reposted this
How has Amazon impacted your small business? "Amazon controls a monopoly tollbooth that sits between businesses and the online market. Over the last few years, it has sharply raised the price of passing through it. In the first half of 2023, using a variety of fees, Amazon took 45 percent of sellers’ revenue in the U.S. That’s up from 35 percent in 2020, and 19 percent in 2014. These exorbitant fees make it nearly impossible for small businesses and other sellers to sustain a viable business online." - "Amazon’s Monopoly Tollbooth in 2023," Institute for Local Self-Reliance READ MORE: https://lnkd.in/ei4su-4G