Jeff Yastine believes that retail giant, Amazon, has arrived at a point where its domintating days could be coming to an end. Could it be that federal anti-trust laws demand that Amazon break up its monopoly? Has the company become too powerful? There are some in the business, even ex-powerbrokers of Walmart, that think that Amazon’s business practices are predatory. Of course, it is not uncommon for business rivals to criticize their competition. However, it is usually never done in public.
Jeff Yastine makes the case that people in the retail world have grown weary in competing with Amazon. Thus, it only follows reason that a president, or future president, will try to make the case that Amazon has violated antitrust laws. 2017 was a year that 26 major retailers had to file for bankruptcy. Some chains registered liabilities of $50 million dollars or more. Read more at talkmarkets.com to know more.
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Jeff Yastine suggests that some, or many, of these companies were poorly managed from the top down. On the other hand, Amazon really has changed the retail landscape. Amazon has a platform that other retailers must use to list and sell their merchandise. This is just to remain competitive for those retailers. Some people in the industry believe this gives Amazon a leg up on everyone else, since Amazon lists its products on the same platform and can sell their products for less.
There are a number of reasons Amazon has risen to dominate the retail market. For one, they understand the power of social media. Amazon knows this is where they can find the millennials who crave their products. Internal expansion is another element. Amazon also understands that people look for products and services on their mobile device. Amazon just gets it better than everyone else.
Jeff Yastine also works with Banyan Hill Publishing as Editorial Director. He has helped a lot of regular investors to better understand and profit on the markets.
Learn more: https://stocktwits.com/jeffyastine