Another example of the tech behemoths encroaching on smaller businesses with their hordes of cash and economies of scale. At this rate, I wonder if they will move into the public utilities space soon. Oh wait...
@bryantchou Did I hear you say 'encroaching'? Maybe you should call the tech-cops. 👮👮👮
@rrhoover already pointed out that it's probably a strategic move by Amazon to save one of it's key businesses. In any case, isn't competition considered a benefit of capitalism?
@patrick_udeh@rrhoover I'm mostly thinking of this article http://www.economist.com/news/le... and how it's increasingly difficult for the competition to reap the benefits of capitalism. ie: huge companies never getting to IPO stage (uber, etc), which prevents liquidity options for employees of said companies, and the public from benefiting from their rise.
