Today’s WSJ shares that independent stores, including hardware stores, book shops, and pharmacies, have teamed up to stop Amazon’s bad practices. The group, called Small Business Rising, seeks to use anti-trust laws to prevent Amazon marketplace from selling its own goods—which compete with retailers using the platform. Amazon has been shown to use a retailer’s customer and sales data and bypass the retailer (it’s own customer) in order to make a bigger profit. ...
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Our indie retailers are being hunted by four major forces:
Amazon
Big-box stores
Brands (selling direct)
Zola
While we've known about Amazon and big-box stores for some time, they are becoming more sophisticated. Amazon is so powerful now that it's the focus of anti-trust inquiries by the government. Big-box stores are spending millions on their digital operations.
Bridge's goal is to give indie stores great software that reverses the gains being made by these forces.
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July 18, 2019
July 18, 2019
Is Amazon abusing its power? The EU is going to investigate, shares todayβs WSJ.
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