This is exactly what happens. Items from different sellers are mixed together and then randomly dispatched by Amazon under their own name.
What I can't understand is this: even if they comingle, they must know which seller owns which item. If they didn't, how would they pay the right seller once a particular item is sold? And yet, there seems to be no accountability at all.
If someone clicks your listing and buys a product, they ship it from the commingled inventory and then pay you your share of the sale and deduct one from your inventory tally.
Then, if the item they sent ends up being counterfeit, whether from your own stock, from another seller, or even from Amazon's own stock, they will take it out on your seller account for selling counterfeits.