Wednesday: Amazon sued by small merchants; Amazon Prime members stop shopping elsewhere; First sale upheld by SCOTUS

Small online merchants file suit against Amazon.com – Amazon is getting sued by everyone. A class action suit on behalf of small third party merchants using Amazon’s retail portal has filed suit for unreasonably freezing funds. The interesting details of the suit include that “Third-party sales account for about 40 percent of all products sold on Amazon and generate between 9 and 12 percent of the company’s annual revenue, according to analysts. The suit estimates the total merchandise value...