3 ms·
Hasn't it always been understood that raising prices after killing competition was Amazon's end game? That's what I always thought investors understood about t
by asimpletune 4y ago
Hasn't it always been understood that raising prices after killing competition was Amazon's end game?
That's what I always thought investors understood about the business. What has mattered isn't profit, but rather cash flow. If you have cash flow, and you reinvest that into expansion (for more cashflow), eventually you have a monopoly. The whole point of that is one day you flip the switch, and raise prices.