Amazon has come a long way from a small online bookseller. Now it sells, well, everything: It’s the largest internet-based retailer in the world, the fourth most valuable company in the world, and the eighth largest employer in the world. It even won an Oscar this past year.
But at what point is too big just too big? And has the company, with its latest acquisition of Whole Foods, opened itself up to an anti-trust suit?
Stacy Mitchell, co-director of the Institute for Local Self-Reliance and author of “Amazon’s Stranglehold: How the Company’s Tightening Grip Is Stifling Competition, Eroding Jobs, and Threatening Communities, discusses the company’s grip on the economy. Mitchell is joined by James Marcus, who worked at Amazon for five years, between 1996 and 2001. He’s editor at Harper’s Magazine, and author of “Amazonia: Five Years at the Epicenter of the Dot-Com Juggernaut.”
Click on the ‘Listen’ button above to hear the full conversation with Mitchell and Marcus.… Read More