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Amazon (NASDAQ:AMZN) has reportedly lost the rights to sell Nintendo (OTCPK:NTDOY) products on its U.S. website amid a conflict over third-party sales on the e-commerce giant’s marketplace.
According to sources cited by Bloomberg, the dispute between the two stems from merchants buying Nintendo products in bulk in Southeast Asia and selling them at discounted prices on Amazon’s (NASDAQ:AMZN) marketplace. As a result, Nintendo (OTCPK:NTDOY) products listed as “Sold by Amazon” began disappearing from the site despite efforts by Amazon (NASDAQ:AMZN) to appease Nintendo (OTCPK:NTDOY) with assurances that only authentic products from the Japanese company would be sold by Amazon (NASDAQ:AMZN) directly.
When reached by Bloomberg, both Nintendo (OTCPK:NTDOY) and Amazon (AMZN) denied any conflict. However, when Nintendo (OTCPK:NTDOY) released Switch 2 this month, the company only stocked the console at Target (TGT), Walmart (WMT), and Best Buy (BBY), but was not offered on Amazon (AMZN) in the U.S., although the company can still sell the console in Canada, Japan, and the UK.