Comment Comment by rweba Eh, I still don't buy the hyperventilating.The breathless narrative is that Amazon is some all-consuming all dominating monster that is just going to crush everyone everywhere.I don't see any justification for this.(1) Walmart is much bigger. Not to mention Tencent and Alibaba who.(2) They have well-funded competition and no monopoly power in any of their sectors.(3) They only have 4% of all retail (online and off) hardly a stranglehold.Yes, they will do well and grow, but I don't think they will just effortlessly win in every market like this article is implying. parent rweba 8 years ago
The breathless narrative is that Amazon is some all-consuming all dominating monster that is just going to crush everyone everywhere.
I don't see any justification for this.
(1) Walmart is much bigger. Not to mention Tencent and Alibaba who.
(2) They have well-funded competition and no monopoly power in any of their sectors.
(3) They only have 4% of all retail (online and off) hardly a stranglehold.
Yes, they will do well and grow, but I don't think they will just effortlessly win in every market like this article is implying.