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by cfqycwz
2837 days ago
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I remember reading easily a decade ago, when people were describing Amazon as a charity propped up by investors, that this was Amazon's long-term strategy--aggressively reinvest all profits, burn through cash making a loss in order to achieve monopoly or near-monopoly status, and then jack up prices once they'd captured the market. It looks more and more like they're following through. |
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