Canadian small companies are under pressure from Amazon's power imbalance: says report.

By: 600011 On: Nov 17, 2023, 3:40 PM

 


Based on a new report, Amazon's power 'imbalance' is causing concern among Canadian small businesses. According to a CFIB report, the majority of members who do not use Amazon's services are having difficulty competing with the firm and other large digital merchants.People prefer internet shopping to shopping in person.

Small firms are receiving no government assistance to endure Amazon's e-commerce dominance. The report claims that this is driving industrialists away from the market. The news comes after the US Federal Trade Commission (FTC) and 17 states sued Amazon for antitrust violations. But Amazon rejected this, claiming that the facts were incorrect.