top | item 13925635

(no title)

lotso | 9 years ago

From the article

>“Amazon wants to be the first thing any consumer thinks of when they need to buy anything,” said Jim Hertel, a senior vice president at marketing technology company Inmar Inc. “Food is the largest retail category. They can’t do what they want to do without grocery and they’re definitely not going to give up.”

I'd also imagine Amazon thinks they can do much better than a 1.7% margin by leveraging all of the improvements to their approach outlined in the article.

discuss

order

justaman|9 years ago

2030: Government breaks up Amazon into smaller companies.

komali2|9 years ago

Why would that happen? US government appears quite happy to allow massive companies to operate as they please. There hasn't been much "trust busting" since, well, the "trust busting" era, outside of finance anyway.

losteverything|9 years ago

Judge Greene's grandaughter presides over the case.

But. One difference was that At&T got something for agreeing (able to sell computers). What is Amazon prevented from doing??????

[1] The case, one of Greene's first after being named to the bench, resulted in the 1982 consent decree between AT&T and the Federal Trade Commission. The consent decree, later amended and usually called the modified final judgment (MFJ), provided for the Bell System divestiture, AT&T's spin off of the seven Regional Bell Operating Companies (RBOCs). The conclusion of the case freed AT&T to enter the computer industry, from which it had previously been barred

saosebastiao|9 years ago

Wildly overconfident cost predictions are amazon's #1 growth market.