Saturday, 25 October 2014

Amazon’s Monopsony Is Not O.K. - Krugman

Amazon’s Monopsony Is Not O.K. - NYTimes.com: "The desirability of new technology, or even Amazon’s effective use of that technology, is not the issue. After all, John D. Rockefeller and his associates were pretty good at the oil business, too — but Standard Oil nonetheless had too much power, and public action to curb that power was essential.

And the same is true of Amazon today." 'via Blog this'

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