Date: March 27, 2019
They Said It!
“The Scariest Thing About Amazon Is Not Their Prices”
Local booksellers struggling because Amazon forcing small businesses to compete on its platform that gives it “an inherent — and unfair — advantage” in the marketplace.
“The scariest thing about Amazon is not their prices, it’s that they’re very good at convincing people that their service is essential — that there’s no life without Amazon. You put the speakers in your house, you get your groceries from them. They’ve convinced basically everybody that they’re an essential part of American life.” (Axios, “The squeeze of monopolistic platforms,” Erica Padney, 3.26.19)
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ABOUT THE FREE & FAIR MARKETS INITIATIVE
The Free & Fair Markets Initiative (FFMI) is a nonprofit watchdog committed to scrutinizing Amazon’s harmful practices and promoting a fair, modern marketplace that works for all Americans. For more information on the Free & Fair Markets Initiative, click here.