Readers respond to Amazon impact
Seattle, Wash.-based Amazon.com sales increased 38% in 2020 to $386.1 billion. Meanwhile, groups representing small independent businesses are lobbying for action to address what they claim is monopoly-like power of internet giants.
That's the background for the latest HBSDealer poll question. Here are the results.
Is Amazon too big?
The topic generated letters with suggestions about what should be done.
"They are a monopoly and should be disciplined accordingly, in my opinion," writes Ross Riddle. "Many people love them and love how fast they ship. But in the long run, they are in control of much of the marketplace, and that's not healthy."
Ken Ringer suggest that Amazon shouldn't be able to "sell below our costs. Too many manufacturers are selling to Amazon at prices significantly below our costs."
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