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Study compares Amazon to 19th century robber barons, urges breakup

18 pointsby aturekover 8 years ago

3 comments

cylinderover 8 years ago
I think what Amazon is doing, and many other "startups" like Uber are doing is some form of dumping. They accumulate massive amounts of capital and then basically hand it to consumers to kill all competition while losing money. Clearly when Amazon flies toilet paper or laundry detergent to me, and has a man ring my doorbell and hand it to me, with a massive amount of packaging around it, for cheaper than going to get it myself at Walgreens, something is not right. They can be the only retailer left and that's still a big loss of money.
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cylinderover 8 years ago
Timely article: <a href="http:&#x2F;&#x2F;www.nakedcapitalism.com&#x2F;2016&#x2F;11&#x2F;can-uber-ever-deliver-part-one-understanding-ubers-bleak-operating-economics.html" rel="nofollow">http:&#x2F;&#x2F;www.nakedcapitalism.com&#x2F;2016&#x2F;11&#x2F;can-uber-ever-deliver...</a>
maverick_icemanover 8 years ago
Is Amazon artificially inflating prices? If not, then they are not an antitrust concern.