Amazon.com

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About

Amazon.com is one of a handful of dominant players in the online services business sector, which is itself increasingly a dominant part of everyday life.

Amazon, one of the first major online retail stores, was founded in 1994 by Jeff Bezos as an online bookstore but soon began expanding and acquiring its competitors; by the early 21st century it had become the go-to source for just about everything.

In 2015 Amazon surpassed Walmart to become the largest US retail company (by market capitalization).

In 2017, Amazon acquired Whole Foods.

Issues

In short, Amazon has been a notoriously bad corporate citizen. A very brief summary of its transgressions would include:

  • monopolistic/anticompetitive policies
  • worker abuse
  • abuses of intellectual property law
  • funding political campaigns against the common interest

Related

Links

Reference

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