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Amazon

wacko

pfm Member
Amazon has benefitted enormously from Covid. But continues to treat its staff badly.
Is it effectively becoming a private sector monopoly ? Should it broken up ?
Is France giving it a hard time the way to deal with it ?
Does it matter if the High Street has any shops in future ? Should Amazon be taxed higher ?
 
I used to use Amazon a lot, I've now stopped using them , for me they were all about price and convenience
Recent stories regarding their behaviour have prompted me to avoid using their services
I'm happily paying over the odds for goods now from small independent shops, there's no guarantees what their politics and policies are but I'd wager they're better than Amazon's
 
Comment based on what?

Amazon warehouse workers are probably better treated than most. Which isn't saying much, granted, but.......
Amazon have been working with UK Gov. to get supply chains working as best can be.

This is no more than the usual know-nothing, ill-educated griping.

Break Amazon up? LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLOL

Hadn't you heard? Corbyn has been ousted.
 
Amazon don’t barely retail anything themselves, they are just middlemen, lots of businesses sell through them.

Saying they should pay more tax & collecting it are two different things.
 
Well, there is form in this area. Back in the day Bell of America was deemed to be too large and was forcibly broken up into the regional 'baby' Bells. If Amazon carry on I think there is some danger that they will have to be split.

More recently in the UK BT was forced to split off Openreach into a seperate entity. Not quite the same but...
 
Comment based on what?
Amazon warehouse workers are probably better treated than most. Which isn't saying much, granted, but.......
Amazon have been working with UK Gov. to get supply chains working as best can be.
This is no more than the usual know-nothing, ill-educated griping.
Break Amazon up? LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLOL
Hadn't you heard? Corbyn has been ousted.

Breaking up private sector monopolies preserves capitalism.
 
Amazon has benefitted enormously from Covid. But continues to treat its staff badly.
Is it effectively becoming a private sector monopoly ? Should it broken up ?
Is France giving it a hard time the way to deal with it ?
Does it matter if the High Street has any shops in future ? Should Amazon be taxed higher ?
The bottom line is online in the most part is cheaper if you do your home work. Convenient and easy click click done. After this virus it will be the norm for most as the public see how it easy it is and choice of goods being bigger. I have no problem Amazon's growth what I have a problem with is paying local taxes. After this virus all big companies and the super rich will be taxed like never before. Change is coming its us the people no matter what country you live in must make sure it happens. French people will probably lead the way.
 
So, on balance, a good thing then?

Well I guess so as the tried alternatives to capitalism didn't work out well.
But for capitalism to work reasonably well abuses such as private monopolies need to be broken up.
And there I was thinking that Amazon would be a large enough subject to discuss...
 
The bottom line is online in the most part is cheaper if you do your home work. Convenient and easy click click done. After this virus it will be the norm for most as the public see how it easy it is and choice of goods being bigger. I have no problem Amazon's growth what I have a problem with is paying local taxes. After this virus all big companies and the super rich will be taxed like never before. Change is coming its us the people no matter what country you live in must make sure it happens. French people will probably lead the way.

Amazon doesn't produce anything it is just a delivery mechanism. Bit like the Post Office. Almost a utility. Ideal for nationalisation ??
Of course globally it is American and trump is potus so just musing...
 
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Amazon does sell its own stuff. This part of its business is growing. Its ambition is to not have to deal with other retailers. It wants it all to itself. We have been victim to its tactic of being forced to surrender our supplier invoices under threat of the account being closed. If you are unlucky, they will see your business as attractive, based on your invoices versus sales data. Then they will make other arrangements to get your products on their websites.

We have given up trying to use it as a growth area. We just put our prices up there by 12% versus other channels to pay for the unpleasantness we have to deal with. It reduces our exposure which is fine. Yet there are still customers that just buy there without looking to see if it is available anywhere cheaper. It's sometimes 10% of our total revenue. A large proportion of consumers value convenience above all else. This includes lots of liberal socialist types like on pfm too. The brainwashing is extremely successful. Incredible, actually.

I am ever hopeful that another channel will come along and take a large share naturally, without government intervention. France is doing a good thing, giving it a poke in the eye, reminding it to behave itself. But it's not much, when you consider the global picture. .

If anyone thinks a company of that size is ok, then they must be Amazon shoppers.
 
Comment based on what?

Amazon warehouse workers are probably better treated than most. Which isn't saying much, granted, but.......
Amazon have been working with UK Gov. to get supply chains working as best can be.

This is no more than the usual know-nothing, ill-educated griping.

Break Amazon up? LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL
Comment based on what?

Amazon warehouse workers are probably better treated than most. Which isn't saying much, granted, but.......
Amazon have been working with UK Gov. to get supply chains working as best can be.

This is no more than the usual know-nothing, ill-educated griping.

Break Amazon up? LLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLOL

Hadn't you heard? Corbyn has been ousted.
I know a bit about Amazon. I think here is more value in the opening comnent and questions than there is in yours.
 
Well I guess so as the tried alternatives to capitalism didn't work out well.
But for capitalism to work reasonably well abuses such as private monopolies need to be broken up.
And there I was thinking that Amazon would be a large enough subject to discuss...
I see what you mean, and agree in principle.
 
Unless they start selling injectable disinfectant as 'Trump's elixir' they're toast.

The USA seem to have lost its ability to control monopolies.

I recall that Microsoft had to invest in Apple to keep the competition going to stave off it being split up, though the linked article appears to tell another story.

Can't see that happening now.

Stephen
 
Amazon are about supply and infrastructure.
They are also unprofitable on the store, but massively profitable on web services (cloud sh1t) which both underpins store and Provides AWS.

AWS keep calling me to go for interview. Slightly tempting (big payers) but tossy nigh on sect- type recruiting, values and appraisal processes, not for me.

Moonies.
https://medium.com/@scarletinked/ar...oking-for-interviewing-at-amazon-8301d787815d
If they can't make a profit out of the 15% they take from me for allowing me to advertise my products, then there is yet hope that they will go bust. Or at least shrink.

My question is this; is this part of the business just not profitable according to their accounts and papers they submit to revenue departments around the world?

We know they tax avoid wherever they can, and what else do we have to go on to verify if they are profitable or not?
 
I think the question about high street shops mattering or not is interesting. I mean in York and cute market towns, it probably really matters. In Strasbourg, without them, the tourism would possibly be badly hit. But in Slough, eg, I'm not so sure it does matter. Different townfolk want different things or care more about their town than those in other towns. And chain shopping estate on ring roads along with online shopping seems to tick the boxes for most towns. Or does it?

Mostly, though, I can think of no examples of a town completely reinventing itself when facing whatever disaster. Hull has yet to pick itself up since the fish trade went / the war?

Has any town reversed its fortunes by reinventing itself? Examples, please. Big cities like Manchester, Birmingham, Newcastle and Leeds don't really feel any different to me. Just slightly better. Bigger with a couple of glammy hotspots and some nice apartments in old industrial warehouses on canals. But overall, they feel like they did 30 years ago. To me at least.

If I were still trading online from Hull, I would ideally have liked a clicks and mortar business, but the council business rates and crime levels made it completely unappealing. I understand UK is considering introducing rates for online businesses. Well fair enough I suppose. But my business possibly couldn't cope with an extra 10 grand or so in taxes.
 


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