What Is A Monopoly And Why Does Amazon Company Have Such An Enormous Impact On Businesses?
Is Amazon really a monopoly? Some believe so. However, if you look at the facts, there is much less proof that Amazon is a monopoly.
Since such a company has many legal ramifications, I will first start with some legal ramifications to consider. One of the legal ramifications of Amazon is that they can not receive tax breaks. They are forced to pay taxes like any other business. The reason for this is that businesses cannot be taxed on income that they do not produce.
The laws that govern this and much more are very complex, but basically all businesses are required to abide by the law if they wish to keep being a business. This is because they do not have a way to benefit from the tax breaks or perks that are given to them. The laws only benefit large corporations.
While there are no real tax benefits, Amazon also have to contend with competition from many smaller companies. There are many small businesses in the United States, however they tend to be niche, which means they tend to have limited customer base. Amazon does offer millions of products and services, but when it comes to competition, they have much more options.
In fact, the level of competition in this industry is almost nonexistent. That is not to say that you cannot find a good Amazon competitor. For example, the bookstore industry is very popular. There are many discount bookstores that will compete with Amazon for a customer base.
The current state of the economy and the level of competition have helped to drive prices down. One of the major challenges with an industry like this is that the lower the price, the more the market shares are diluted. It is hard to know how much competition exists. The one thing we can compare Amazon to is Walmart, because they have similar markets.
Some people feel that the price reduction is not enough to keep customers at Amazon. However, the customer base is incredibly strong and the customer service is second to none. When you buy a book from Amazon, you can be sure that it is safe and it is worth the money.
Of course, one of the most important parts of Amazon’s success is the cost. That means you can save hundreds, if not thousands of dollars with just a single purchase. Therefore, it seems to me that the success of Amazon would be better described as a monopoly.
- How The Everyday Person Can Learn To Be Their Own Boss - April 28, 2021
- Mr. Andy Altahawi, Working with Entrepreneurs to Start Their Businesses - April 26, 2021
- Hollywood Actress Demi Mann: Advocate for Women and Diversity in Hollywood - April 26, 2021