Amazon is a monopoly in dozens of different markets because Jeff Bezos wants it to. In this criticism of Amazon, we analyze of Jeff Bezos business model threatens the very existence of free market.
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Amazon is the second biggest corporation in the world and one of the only two companies to pass the $1 trillion mark. But during more than two decades of existence, Amazon has struggled to make any profit.
It has everything to do with the business model of Jeff Bezos, the CEO of Amazon. In his own words, Bezos believes in shareholder supremacy, which means everything is justified as long as the share value is growing.
Jeff Bezos pushed Amazon great lengths to claim this dominance. From undercutting competitors with predatory pricing, through forcing itself into their business, to vertically integrating into strategic markets across the business line, Amazon is on track to gradually take over every aspect of e-commerce and to control and decide what we shop and what is allowed to be sold.
Sources
Amazon profits and revenue chart [ Ссылка ] and [ Ссылка ]
Amazon earnings [ Ссылка ] and [ Ссылка ]
Amazon Prime and stocks [ Ссылка ]
Amazon e-commerce share [ Ссылка ]
Amazon Web Services statistics [ Ссылка ]
Jeff Bezos net worth [ Ссылка ]
More than 90% market share in 5 products [ Ссылка ]
Amazon vs Quidsi and Diapers [ Ссылка ]?
Amazon cloud [ Ссылка ]
Amazon Tax [ Ссылка ]
Amazon Antitrust [ Ссылка ]
Amazon tightens grip on technology [ Ссылка ]
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A major essay on Amazon anti-competitive practices and monopolization: Amazon antitrust paradox [ Ссылка ]
Credits: CO.AG Music [ Ссылка ]
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The footage and images featured in the video were for critical analysis, commentary and parody, which are protected under the Fair Use laws of the United States Copyright act of 1976.
