Amazon Doesn’t Just Want to Dominate the Market—It Wants to Become the Market
The company is a radically new kind of monopoly with ambitions that dwarf those of earlier empires.
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.
John Farrell ☀️🌬🔋
Amazon Doesn’t Just Want to Dominate the Market—It Wants to Become the Market (via