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You know the race for global trade dominance is heating up and playing out regionally when the same company tries to buy Slack and Whole Foods in the same week.

You know the race for global trade dominance is heating up and playing out regionally when the same company tries to buy Slack and Whole Foods in the same week. While one is familiar with conglomerates holding a diverse array of businesses, it's fascinating and slightly unnerving (in terms of market power increasingly concentrated in fewer hands) to see it in motion.

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mikekij 9y ago
Agreed. I love Amazon prime, and also love Slack. But I fear the day when all of the "good companies" end up being owned by one corporate overlord.
- joering2 9y ago
  That's nothing new... Media: http://libreria.sourceforge.net/library/Free_Culture/images/media-concentration-cl.png http://libreria.sourceforge.net/library/Free_Culture/images/... Food: http://2.bp.blogspot.com/-7KY4dEnHmnc/U9bkkriu8hI/AAAAAAAAD9U/Iay01ZL4amg/s1600/Food+Co%27s.png http://2.bp.blogspot.com/-7KY4dEnHmnc/U9bkkriu8hI/AAAAAAAAD9...
  - lkbm 9y ago
    A large share of media companies owned by a single conglomerate. A large share of food companies owned by a single conglomerate. A large share of retail, cloud hosting, and online messaging owned by a single conglomerate. You're right that there's long been some serious consolidation in sectors, but those two examples seem a little different from Amazon grabbing up large portions of multiple sectors.
- codecamper 9y ago
  Also, I cannot think of a software technology that was created & shared by Amazon.
  - Nycto 9y ago
    The dynamo white paper, for one. Also: https://github.com/amzn https://github.com/amzn
    - ivanstojic 9y ago
      Which is not used by DynamoDB in any form or fashion.