Amazon is getting too big.
How's this for an investment strategy... Long AMZN, short a basket of all other mid to large retailers & grocers.
How's this for an investment strategy... Long AMZN, short a basket of all other mid to large retailers & grocers.
EDIT: and for those pointing out (correctly!) that amazon doesn't violate antitrust, http://www.yalelawjournal.org/article/amazons-antitrust-para... is a good article
Conglomerates have happened in the past. They become very big until they stop making a lot of money and people realise that they could be more efficient if you split them up. Amazon and Google can afford growing so much because they have a very successful business line. If growth there stops they would likely start selling some parts.
Yeah, who could forget when companies like Standard Oil or AT&T decided to split up, entirely through the power of market forces, with no government intervention at all.
Standard oil and AT&T were not broken up because they were conglomerates. They were broken up because they were monopolies in single (or closely related) markets.
https://news.vice.com/story/amazon-buying-whole-foods-could-...