Saturday, June 27, 2020

Why Amazon is Begging For Regulations - The Twisted Economics of Amazon

I won't be a hipocritic, I have Amazon goods popping through the door two or three times a week. I haven't been well for the last few years, so it's been a godsend for me, and the same for ebay. You have to be careful, though, as sometimes Amazon significantly over charge, so it's best to check around. I bought something for a fraction of the price the other day on eBay. But you can hardly criticise Amazon when it hardly makes a profit - it has to raise money somewhere.

In two short decades, Amazon has grown from a modest online bookstore to an international conglomerate. A conglomerate that seems hellbent on moving into every growing industry out there.

Amazon will only be the second company this channel has ever explored but it is extremely important to understand for a few reasons. most curiously, why amazon is pushing for reform in key areas that wouldn't really be expected...

1 comment:

Peter Pan said...

Amazon is a conglomerate. We don't need conglomerates.