Amazon is dangerous

Discussion in 'Higher Learning' started by GnauzBookOfRhymes, Sep 16, 2019.

  1. re'up

    re'up Superstar

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    I read Jesse Eisinger's book about the relationship between Justice and corporate law firms/white collar fraud/settlements and deferred prosecutions.

    The Chickenshyt Club
     
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  2. ogc163

    ogc163 Superstar

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    The
    Great book, showcasing that the difference in pay can be too difficult to turn down. Given the disparity between the pay at Tier 1 firms and even the elite govt departments, it's not realistic to think that the best performers wouldn't often leave.
     
  3. Insensitive

    Insensitive Superstar

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    It's not illegal but it's definitely sinister.
    Inviting smaller businesses to your gargantuan platform just so you can study their analytics
    and steal their customers is REALLY SHADY.
    Especially when realistically there aren't really many competitors to Amazon as far as e-commerce goes in a sense they might as well be google.


    It'd be the equivalent to throwing your website on Google's search engine and when it blows up, they just throw their own
    copycat website at the top of the searches and put you at the bottom of the page or on the dreaded second page to languish in obscurity.
     
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  4. Champion

    Champion #RxLife #UCF #FAMU

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  5. MMS

    MMS TCML™ Staff Member

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    as an amazon seller

    they explicitly tell you when you sign up as a seller that amazons customers are THEIRS alone. They go through lengths to reiterate that to every seller

    a smart brand will invest in their own fulfillment or seek multichannel to avoid overexposure

    people complaining about amazon should explore other platforms if they truly dont like it :manny: breaking them up wont change that business model (it is clearly a fire business model :whew:)
     
  6. MMS

    MMS TCML™ Staff Member

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    this is exactly how businesses treat most competitors :mjlol: had a dentist accuse the russian dentist across the street of having mob ties just because he was killing him with the same visibility
     
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  7. ogc163

    ogc163 Superstar

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    Relevant video, Cowen defends monopoly. I think he does a good job.
     
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  8. Rawtid

    Rawtid Tradition retards progress. Supporter

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    They just pumped a bunch of this ill gotten wealth into the black educational system, now I don’t know how to feel. :mjcry:
     
  9. Sammy Steez

    Sammy Steez All Star

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    Considering a certificate or MBA program at Booth now actually
     
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  10. GnauzBookOfRhymes

    GnauzBookOfRhymes Superstar

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    This is what monopolists always say.

    My criticism isn't based on the success or failure of their business model. The issue is that the "success" of the model has negative consequences for consumers, small businesses and the country.
     
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  11. MMS

    MMS TCML™ Staff Member

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    im not saying that they arent a monopoly but monopolies dont come to be because of the business themselves as much as it is their customers

    the real question is what causes a customer to only choose one option for transacting :manny: if you cant fix that, monopolies will always arise in some shape or fashion

    it is literally in their contractual agreements with all third party sellers, there is a whole forum filled with problems/rants/scamclaims you name it, its a competitive platform from the jump.
     
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  12. DEAD7

    DEAD7 Veteran Hall of Fame Supporter

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    This.
    Consumers will always use the best and most convenient e-commerce site(amazon), will always gravitate towards the most popular social network platform(Facebook), and use the best most convenient software available(google, Apple, Microsoft).

    These natural monopolies are fine IMO:yeshrug:
     
  13. DEAD7

    DEAD7 Veteran Hall of Fame Supporter

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    Thanks to Amazon, it’s possible to get nearly anything you want, very quickly, for not much money, just about anywhere in the country, and probably to return it for free for just about any reason.:blessed:
    Wal mart , Target, and others are all working to match or exceed Amazons convenience, which means Amazons innovations are rippling across the retail industry.:blessed:

    :ohlawd:It’s impossible to cry consumer exploitation or harm when prices are relentlessly falling and service is constantly getting better. People on the left are just taught to hate and fear big companies.
     
    Last edited: Jul 30, 2020
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  14. MMA

    MMA Superstar

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    75% of consumerism online!!!
     
  15. ogc163

    ogc163 Superstar

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