(Photo : GettlyImages/ SOPA Images ) Amazon stocks suppliers
Amazon is open to doing business with third-party suppliers, but there is a catch. The Wall Street Journal report shows that Amazon demands 30% of the supplier s company at a fixed rate, which is usually below the market valuation.
Amazon s Grip on Suppliers
Amazon has added these kinds of stipulations to contracts with companies that supply it with call center services, aircraft, and Amazon Fresh groceries.
According to The Wall Street Journal, the companies must have supplied Amazon more than 75 times over the last ten years before they can be an official Amazon supplier.
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