#Is amazon a monopoly how to#

The power amassed by Amazon and other tech giants hasnвЂ™t gone unnoticed by American politicians. (Listen to the podcast at the top of this page.) Following are key points from their conversation. Wharton marketing professor Barbara Kahn and Ryan Hamilton, marketing professor at Emory University, tackled the topic during a recent interview.

The Knowledge at Wharton radio show on SiriusXM invited two experts to discuss the potential backlash to AmazonвЂ™s unbridled growth. If you look at large companies, their lifespans tend to be 30-plus years, not a hundred-plus years,вЂќ Bezos said, according to a report by CNBC. The question, while intriguing, seems to be a moot point for founder and CEO Jeff Bezos, who reportedly said his company is вЂњnot too big to fail.вЂќ That question has caught the attention of consumers and policymakers, many of whom have called for legislation to regulate the global goliath. But is Amazon too big?ДЄmazonвЂ™s runaway growth has prompted questions about whether it has become a massive monopoly that has unfairly edged out smaller competitors. Amazon has sold 100 million units of its voice assistant, Alexa, and an equal number of Prime subscriptions. Perhaps more significantly, itвЂ™s also one of the worldвЂ™s largest tech companies, with reams of data collected from an enormous customer base. The company is the second-largest retailer in the United States behind Walmart, and last year it became the second company in the world to reach $1 trillion in market capitalization. In an era when legacy retailers such as Sears and MacyвЂ™s are scaling back or going bust, online behemoth Amazon continues to boom. WhartonвЂ™s Barbara Kahn and Emory UniversityвЂ™s Ryan Hamilton discuss AmazonвЂ™s runaway growth.

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#Is amazon a monopoly how to#

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