Subscribe free to our newsletters via your
. 24/7 Space News .




TRADE WARS
Amazon slammed for price reporting deal
by Staff Writers
Washington (AFP) Dec 10, 2011


Online retailing giant Amazon was criticized as "anti-competitive" Saturday for its latest promotion that encourages consumers to enter stores and leave empty-handed, after reporting back the prices they find there.

The deal dubbed "Price Check" involves customers finding and sharing in-store prices and receiving a discount of five percent -- to a maximum of $5 -- from the online retailer for that item if Amazon has it in stock.

The move was sharply criticised by Maine Senator Olympia Snowe, a member of the Senate Committee on Small Business and Entrepreneurship, who called the move a direct assault on retail stores.

"Amazon's promotion -- paying consumers to visit small businesses and leave empty-handed -- is an attack on Main Street businesses that employ workers in our communities," she said in a statement this week.

The deal, accessed through a new smartphone application from the Amazon website, can be applied three times for a total savings of $15 on electronics, sporting goods, music, DVDs and other items.

The Retail Industry Leaders Association (RILA) also criticized the promotion, saying that "central to this tactic is Amazon's continued practice of using a pre-Internet loophole to avoid state sales tax collection."

The group called on lawmakers to rein in what it called the company's "exploitative" practises.

The online retailer is regularly targeted by trader associations who believe the company gains an unfair competitive advantage due to being exempt from VAT taxes in most US states.

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








TRADE WARS
Outside View: Trade deficit blocks growth
College Park, Md. (UPI) Dec 8, 2011
The U.S. Commerce Department is expected Friday to report the deficit on international trade in goods and services was $43.4 billion in October, up slightly from $43.1 billion in September. This trade deficit is the most significant barrier to jobs creation and growth in the U.S. economy - even more formidable than the federal budget deficit because its effects are more enduring. ... read more


TRADE WARS
Hundreds of NASA's moon rocks missing: audit

Schafer Corp Signs Licensing Agreement with MoonDust Technologies

Russia wants to focus on Moon if Mars mission fails

Flying over the three-dimensional Moon

TRADE WARS
Russia may join European Mars mission

Failed Mars probe to fall to Earth

New Tool for Touring Mars Using Detailed Images

Mars Opportunity Rover Finds Rich Vein Of Gypsum Water Deposits

TRADE WARS
Ball Aerospace Delivers Orion Phased Array Antenna EDUs

Voyager Hits New Region at Solar System Edge

Ugandan works on space project from mother's backyard

Nanosail-D Sails Home

TRADE WARS
China honors its 'father' of space efforts

Philatelic Cover Reveals the secret names of second Taikonaut team

First Crew for Tiangong

China post office offers letters from space

TRADE WARS
Astronaut TJ Creamer Learns Space Station Science From the Ground Up

FLEX-ible Insight Into Flame Behavior

Growing Knowledge in Space

MDA to extend its services to support Canadarm2 and Dextre for ISS

TRADE WARS
SpaceX mission to space station set for February

Boeing Receives USAF Reusable Booster System Contract

Soyuz' second mission from French Guiana is readied at the Spaceport

On the record with Arianespace

TRADE WARS
Giant Super-Earths Made Of Diamond Are Possible

New Planet Kepler-21b discovery a partnership of both space and ground-based observations

Astronomers Find Goldilocks Planet and Others

The Habitable Exoplanets Catalog, a new online database of habitable worlds

TRADE WARS
Researchers find best routes to self-assembling 3D shapes

Avatars develop real world skills

Tablets, e=readers closing book on ink-and-paper era

New insights into how the brain reconstructs the third dimension




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement