Amazon Drops Planned 2 Percent Merchant Fee as FTC Lawsuit Looms: Details

Amazon Drops Planned 2 Percent Merchant Fee as FTC Lawsuit Looms: Details

Amazon.com is scrapping a plan to charge merchants who do not use its shipping services an additional fee, a company spokesperson said on Wednesday, signaling that the e-commerce giant was taking a cautious approach to operations amid mounting antitrust scrutiny. Effective October 1, Amazon was planning to impose a new…