I'm not saying Barnes and Noble are paupers. Merely suggesting that Amazon's practices are stymying healthy competition and potential jobs, as they are able to hang around longer without having to make a profit.
In the case of Amazon, things should cost more. Their deliberate operating at a loss is making it hard for other companies to stay in business. e.g. selling Amazon Kindle at below break-even point is making it hard for competitors such as Nook, from Barnes and Noble, to stay in business. In the...
You're right. We have created this monster. Nevertheless, it does not negate the fact that it's worthwhile to recognise the negative impact of our actions.
I think that sums it up nicely.
In the short-term, Amazon is great for people as it gives a very efficient and convenient service, with prices that are usually cheaper than anywhere else. I'm also 'guilty' as anyone in that respect as I use Amazon frequently and am always impressed with the...
It's rather anti-competitive of them to enter markets, where they are not trying to make a profit, or deliberately making a loss, to put the squeeze on competitors such as independent book shops, other e-reader and tablet manufacturers, who don't have such a luxury.