Former Walmart US CEO says Congress should consider splitting up Amazon

> He said the e-commerce giant has operated its retail segment at a loss for decades, subsidizing the retail portion of its business with profits from other areas, such as web services.

Amazon made losses for a long, long time. At that time AWS was not significant. Amazon's expansion was financed by investors.

> "That's because Amazon sells below cost and continues to do that," said Simon, who serves on the board of directors for Darden Restaurants. "It's destroying jobs, and it's destroying value in the sector," he said on "Closing Bell" on Thursday.

Right, Amazon is selling at scale at loss. That would be a recipe to go bankrupt real fast. Not true.

> "Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.), and are putting many thousands of retailers out of business!" Trump wrote on Twitter.

Incremental revenue to the postal service will only improve their bottom line. Effects on other retailers is result of a more competitive business model.

The sales tax argument is moot, Amazon has changed a lot here in the US (https://en.wikipedia.org/wiki/Amazon_tax ) and in Europe.

Abuse of market power is a concern indeed. Big players can bulldoze markets e.g. Walmart squeezing suppliers. Amazon's power is a concern here but Amazon's power vs. their suppliers in a lot of places is be still way smaller than Walmart's. For some items (and I suspect higher paying items) Amazon may have taken over the leadership position.

Amazon is causing problems for cities, this is truly a big concern. But listening to someone who brings false and outdated arguments is not wise.

Gluttonous fox suggests farmer should consider removing fence around chicken coop