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Amazon’s increasing retail market share is worrisome for developing local business


Amazon Books, solo physical store,
University Village, Seattle.
Photo credit: Michael Hanson, The New York Times

– Amazon possess an increasingly dominant share of the retail market
– At the expense of public coffers



– “$1 of Every $2 Spent Online Goes to Amazon. Can We Break the Company’s Stranglehold?”
“Amazon.com is ubiquitous: It seems to reach into all the corners of our lives, selling everything from toiletries to furniture. Yet, beyond the “A to Z” selections offered on Amazon exists the reality that workers, consumers and their communities are suffering from the retailer’s stranglehold on the American economy, researchers at the Institute for Local Self-Reliance (ILSR) say in a study released in late November. Not only does Amazon possess an increasingly dominant share of the retail market — with one of every two dollars spent online going to the company — but it is increasingly expanding into other low-road money-making schemes, at the expense of public coffers. Amazon’s grip on the US economy should be worrisome for anyone seeking an egalitarian and fair society,” quoting Mario Vasquez, Truthout.
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Posted by Steve on January 14, 2017 at 12:06 am | Permalink

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