Amazon destroyed the retail industry?

Jul 24, 2019 59 Comments

Amazon's growing footprint does create a problem for smaller businesses, which should be addressed. I wouldn't say they "destroyed" the retail industry though...

https://www.cnbc.com/2019/07/24/amazon-has-destroyed-the-retail-industry-so-us-should-look-into-its-practices-sec-mnuchin-says.html

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  • BusPatrol / Eng
    blindcants

    BusPatrol Eng

     blindcants
    Even if they were destroying it, why do we care. Let them destroy it with lower prices for the consumers and a better shopping experience. I don’t see how that’s a bad thing.
    Jul 24, 2019 18
    • Amazon
      TRuc81

      Go to company page Amazon

      TRuc81
      Anti trust is also using one part of a business to reduce competitiveness in another part - for example if Amazon Retail was not charged for their AWS usage, allowing them to undercut Walmart, etc.
      Jul 24, 2019
    • Amazon
      ezy

      Go to company page Amazon

      ezy
      It's equivalent of stating Apple destroyed cellphone market. Both statements are nonsensical.
      Jul 24, 2019
  • Amazon / Eng
    batou

    Go to company page Amazon Eng

     batou
    amazon is destroying me at least
    Jul 24, 2019 3
  • Credit Karma / Data
    SrfrBoi69

    Go to company page Credit Karma Data

    PRE
    Google
     SrfrBoi69
    Amazon’s response was excellent.
    Jul 24, 2019 0
  • Apple
    purifier

    Go to company page Apple

    purifier
    This is plain BS. As a consumer I have thousands of options to buy wherever I want. Plus online retail is a tiny slice of the whole retail.

    I would rather prefer the government looking into utility and ISP companies, where in a given area there are only 2, and in some cases 1 option of a shitty service that costs twice than any industrial country in the world.

    Or look at the 2 big contractor companies working in infrastructure projects with 10x inflated prices.

    Let’s go after the companies financed by taxpayers
    Jul 24, 2019 0
  • Amazon
    iantudeep

    Go to company page Amazon

    PRE
    Microsoft, Nordstrom
     iantudeep
    This quite proves Munchin is clueless about Amazon's business model: "People had those concerns about Walmart. Walmart developed a business where small business could continue to compete with them,"
    Jul 24, 2019 0