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by rchaud
2657 days ago
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You seem to hvae a very black and white view of how history unfolds. There isn't a single moment when the tide turns (and I don't believe it has). It's the result of small things adding up over time. Since the late '90s, states and local communities have argued that Amazon's ability to skirt charging local sales tax in most states gave it an unfair price advantage. It took years for the laws to close that loophole because we didn't previously have a major business that could sell exclusively online without opening in-state stores. > They got large because they built things people wanted. Again, this is a selective reading of history. Amazon was making losses consistently until about 2004, 10 years into its life. It was kept afloat by investors and lenders, not customers. |
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