Amazon abuses its near-monopoly to bankrupt its competitors by selling at a loss, threaten brands with counterfeits until they sell on Amazon, and use third-party merchants’ data to undercut them. All while being subsidized billions by the government...
Amazon is a "radically new kind of monopoly with ambitions that dwarf those of earlier empires.” — my new feature in (Take 2, with link)
In 2016, Amazon backed Birkenstock into a corner, threatening to allow a deluge of counterfeit Birkenstocks onto its site—many from overseas sellers—unless the shoe company agreed to sell directly to Amazon.
Amazon Doesn’t Just Want to Dominate the Market—It Wants to Become the Market (via ) #longreads