Date: April 16, 2020
Contact: mediacenter@freeandfairmarketsinitiative.org
FFMI RELEASES NEW VIDEO ON IMPACT OF AMAZON POLICIES ON SELLERS AMID COVID-19 PANDEMIC
“FFMI Explains” Video Features Former Amazon Seller And E-Commerce Expert Discussing How Sellers Are Paying The Price For Amazon’s COVID-19 Policies
The Free & Fair Markets Initiative today launched a new episode of its video series “FFMI Explains,” which provides expert commentary on how Amazon is responding to the coronavirus pandemic and the implications that its new policies on essential goods is having for sellers on the platform.
The latest episode — titled “Amazon During COVID-19 — Who’s Essential?” — features Jason Boyce, founder and CEO of Avenue7Media and former Top 200 Amazon Seller discussing how sellers are being unfairly punished by these policies.
“There’s a tremendous amount of uncertainty for sellers out there — many of whom have payroll to meet and employees to support,” said Boyce. “Even those sellers who are providing essential products for families in need are being unfairly and accidentally taken down by the ready-fire-aim approach Amazon is taking to address issues like price gouging — including those who have not price gouged.”
“Amazon sellers need the company to listen to how these new policies with “false positives” are negatively impacting them. These are small businesses with employees that are working around the clock to take care of the Amazon shopper and they are being treated unfairly and at risk for going under.”
The first episode of “FFMI Explains” featured EconOne managing director and Georgetown University adjunct professor Hal Singer discussing antitrust concerns surrounding Amazon’s private label practices.
Upcoming episodes of “FFMI Explains” will include Boyce and other industry experts discussing emerging issues on Amazon’s marketplace amid the coronavirus pandemic, including issues regarding unauthorized sales, counterfeits and diversification of e-commerce sales.
Click here to watch the new episode of “FFMI Explains,” or click here to watch on YouTube.
