6. Amazon’s goal isn’t to take over the pizza shop. It’s to be the mob guy that stops by every week and gets handed an envelope with all the profits.
— Stacy Mitchell (@stacyfmitchell) October 1, 2023
You can see more on Twitter/Ecch, or articles on the Institute for Local Self-Reliance website, see here and here.
Amazon's model, one which has been emulated throughout the Silicon Valley venture capital ecosystem, is to use size, or VC funding to achieve a monopoly position, and then to use that position to extract monopoly rents.
We need to start arresting executives again for violating antitrust laws, and that goes double for the firms funding them.
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