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Why did they go out of business? Probably because they offered worse prices and worse service. By taking less money from his customers, Bezos makes his customer
by tryptophan 8y ago
Why did they go out of business? Probably because they offered worse prices and worse service. By taking less money from his customers, Bezos makes his customers richer than if they shopped somewhere else. The few business owners who are affected and are made worse off are rounding error and do not change the fact that the median person is better off.