Internet is cheaper at the moment - once the competition is effectively gone, will it continue to be so? Edit: Actually we will not know the answer! But it cannot stay cheap for ever
As an independent book shop owner, thankfully I am shielded some what from Amazon due to their prohibitive postage rates to South Africa and the current exchange rate.
But I did receive an extraordinary letter from one of my suppliers (Gardners Books in Eastbourne) pleading with book shops not...
Indeed. But that is their business model - do away with all competition and then charge what they like. I don't see this ever happening though and I wonder how long it will take for their investors to get fed up and look elsewhere. Same with Facebook and Twitter etc.
I believe so, but even if they paid full tax on their profits, they would have only paid 400m odd. Which is not very much when they turned over 8bn, which is certainly not an Alan Sugar style business model!
All Amazon's barely make a profit. That's why there was this hoohar when they turned over 8bn quid last year and would have hardly paid any tax if they were based in the UK. Their business model is bizarre, but then if Twitter is worth 10bn or whatever it is on earnings of 2 bags of peanuts...