Amazon, growing rapidly in recent years, has convinced many people that the company controls the United States of America. Associations cannot challenge the five-hundred and sixty billion dollar company, resulting in fewer jobs and companies going out of business. Amazon dominates e-commerce with low prices and great deals. This gives the business free reign and could damage America with the amount of power held. With fewer jobs and companies going out of business, this puts the country in a predicament. Does Amazon have too much power? The company has certainly earned the success, and do not seem like they will slow down. However, Amazon having the ability to put their competition out of business is a scary thought. Amazon has tarnished
…show more content…
Jeff Bezos, the founder, chairman, and Chief executive officer of Amazon, has built up the company into a huge success. However, in the process of making the company fantastic, other businesses have suffered greatly. “The Huffington Post” has a great example of this. They mention “When Diapers.com emerged as a competitor to Amazon, Amazon simply sold diapers below cost until the company capitulated and sold itself to Bezos. There’s no reason to assume Amazon wouldn’t bring the same predatory pricing strategy to bear in every city in America. Why wouldn’t it? Even though predatory pricing is illegal, the government hasn’t enforced those laws for decades” (Huffington Post, 2017.) This example perfectly describes how Amazon has ruined the competition. When a real competitor challenges Amazon, they lower their prices below the competitor, resulting in the rival selling their business to Amazon. The quote also claims that Amazon could do this all across America, and the federal government should not intervene. This gives the company a lot of power, with very little enforcement if their prices become too low. This could give Amazon even more power in the future than they currently hold. “The Huffington Post” also claims “There is only one force that can stop Amazon from organizing and regulating basically all American retail commerce — our democratic institutions and our political
Jeff Bezos, the founder, chairman, and Chief executive officer of Amazon, has built up the company into a huge success. However, in the process of making the company fantastic, other businesses have suffered greatly. “The Huffington Post” has a great example of this. They mention “When Diapers.com emerged as a competitor to Amazon, Amazon simply sold diapers below cost until the company capitulated and sold itself to Bezos. There’s no reason to assume Amazon wouldn’t bring the same predatory pricing strategy to bear in every city in America. Why wouldn’t it? Even though predatory pricing is illegal, the government hasn’t enforced those laws for decades” (Huffington Post, 2017.) This example perfectly describes how Amazon has ruined the competition. When a real competitor challenges Amazon, they lower their prices below the competitor, resulting in the rival selling their business to Amazon. The quote also claims that Amazon could do this all across America, and the federal government should not intervene. This gives the company a lot of power, with very little enforcement if their prices become too low. This could give Amazon even more power in the future than they currently hold. “The Huffington Post” also claims “There is only one force that can stop Amazon from organizing and regulating basically all American retail commerce — our democratic institutions and our political