Amazon reportedly pulled data from third-party sellers to create private-label products.
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Amazon employees used data on independent sellers on its platform to launch competing products, according to a Thursday report by The Wall Street Journal. The practice conflicts with statements by the e-commerce giant that it doesn’t use information collected from third-party sellers when developing its own products, the Journal said.
The information collected by Amazon can reportedly help the company determine pricing, which features to replicate or whether to get involved in a product category. The Journal said it spoke with more than 20 former…
Source CNET Tech
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