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Amazon opening shop in NY will lead to having less employers and less competition in the long run, not more. Furthermore having less competition is not always b
by pooya13 8y ago
Amazon opening shop in NY will lead to having less employers and less competition in the long run, not more. Furthermore having less competition is not always better for the existing employers. It is much easier to complete with 10 local coffee shops than with a giant cooperation like Starbucks. Specially if the giant corporation is getting a massive tax break, has collective power of capital, but does not have to respond to collective power of labor (no unions).
- nerfhammer 8y agowe're saying here that less competition is bad and more competition is also bad
- ardy42 8y ago> we're saying here that less competition is bad and more competition is also bad I think you're thinking too short term. If all the most lucrative markets are dominated by the same few tech employers, then maybe they'll end up with another moat around themselves. That moat might be one that might actually be good for both the employers and the employees, but bad for everyone else. The market position of the competitors matters.
- pooya13 8y agoThat’s not what I am saying. What I mean is that it has more to do with the circumstances than the number of competitors. In general more competition is better for consumers and less is better for business owners. But in this case it’s lose lose (with the only winner being Amazon) as it will reduce the number of local businesses long term while also making it harder for the remaining businesses to compete with Amazon due to the unfair handouts they were expecting to receive from the government.