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by rweba
3018 days ago
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Eh, I still don't buy the hyperventilating. The breathless narrative is that Amazon is some all-consuming all dominating monster that is just going to crush everyone everywhere. I don't see any justification for this. (1) Walmart is much bigger. Not to mention Tencent and Alibaba who. (2) They have well-funded competition and no monopoly power in any of their sectors. (3) They only have 4% of all retail (online and off) hardly a stranglehold. Yes, they will do well and grow, but I don't think they will just effortlessly win in every market like this article is implying. |
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