In the News: Stacy Mitchell
Date: December 18th, 2019
Media Outlet: Axios
Axios delves into how Amazon is taking over the shipping industry after conquering the online market with insights from ILSR’s Independent Business Initiative Director, Stacy Mitchell. Axios explains how the tech giant is adding vans, jets, workers and warehouses to increase its dominance in shipping, and how this is threatening major shippers like Fedex. Axios further detailed how Amazon’s shipping prowess strengthens the case against Amazon in the antitrust investigation it’s facing.
Here’s an excerpt:
“Given its scale & dominance of this market, Amazon is essentially operating as a regulator of shipping companies,” notes Stacy Mitchell, co-director of the Institute for Local Self-Reliance, a nonprofit research and advocacy group that opposes concentrated economic power.”