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Politics 

Amazon Bites Off Even More Monopoly Power

Lina Khan, New York TimesAmazon on Friday announced plans to acquire Whole Foods, the high-end grocer. If approved by antitrust enforcers, the $13.7 billion deal would give Amazon control of more than 400 stores, an extensive supply chain and a new source of consumer data. … Read the referenced story here: Amazon Bites Off Even More Monopoly Power

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Politics 

Amazon & the New Masters of the Universe Plunder America

Joel Kotkin, Daily Beast“We must make our choice. We may have democracy, or we may have wealth concentrated in the hands of a few, but we can’t have both.” —Justice Louis Brandeis With his $13.7 billion acquisition of Whole Foods, Amazon’s Jeff Bezos has made clear his determination to dominate every facet of mass retailing, likely at the cost of massive layoffs in the $800 billion supermarket sector. … Read the referenced story here: Amazon & the New Masters of the Universe Plunder America

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US 

With Whole Foods, Amazon on Collision Course With Wal-Mart

When Wal-Mart Stores Inc. bought online retailer Jet.com for $3 billion last year, it marked a crucial moment — the world’s largest brick-and-mortar retailer, after years of ceding e-commerce leadership to arch rival Amazon, intended to compete. On Friday, Amazon.com Inc. countered. With its $14 billion purchase of grocery chain Whole Foods Market Inc., the largest e-commerce company announced its intention to take on Wal-Mart in the brick-and-mortar world. The two deals make it clear that the lines that divided traditional retail from e-commerce are disappearing and sector dominance will no…

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Can Amazon persuade enough people to buy fresh food online?

AP Photo/Rogelio V. Solis NEW YORK (AP) — Can Amazon, the company that persuaded people to buy ever more items online, win enough of them over to having their fresh groceries arrive in an Amazon box? Going full throttle into groceries by announcing a $13.7 billion deal for Whole Foods on Friday, Amazon gets the advantage of using the stores as mini-distribution hubs to deliver items to customers. But online delivery of groceries has been tough to pull off. Some shoppers worry about the … Read the referenced story here: Can…

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