---- Amazon Facing Anger Over Fees Hike For Third Party Traders
engine - 6:47 pm on Mar 28, 2013 (gmt 0)
Oh, that's quite a hike in the rates.
Amazon is facing a revolt from small traders as the internet retailer that describes itself as "Earth's most customer-centric" company plans to impose a wave of fee hikes on third parties that use its network to sell consumer electronics, automotive parts and other goods in the UK and across Europe.
Trader fees on millions of electronic accessories listed on Amazon – including popular items such as memory cards, headphones and printer cartridges – will jump from 7% to 12% for the busiest traders in the UK and four other major European markets from 4 April, just after the Easter weekend.Amazon Facing Anger Over Fees Hike For Third Party Traders [guardian.co.uk]