4 ms·

> I hope they include Amazon's practice of taking popular products on their storefront, making generic "Amazon Basics" versions, and selling them to undercut th

• adventured 2y ago
  And competition. One of the ways companies like Walmart hold their popular brand name companies in check on pricing power is through their store brands. Why should I feel bad about Kraft being under permanent pressure by Walmart's Great Value brand? More competition is needed, not less. Along with more transparency. Banning Amazon from competing would be a mistake. They need a more level playing field, not fewer players.
• _DeadFred_ 2y ago
  Selling carrots is much different than developing a store brand product based on the algorithms only you have access to. Amazon is basically outsourcing R&D and market research to startups then taking the market away once they have a success.