Comment on Amazon execs destroyed years of evidence before FTC action, agency says

• TheBat@lemmy.world ⁨1⁩ ⁨year⁩ ago

  I’m not just asking to separate AWS. I want AWS to further split into different companies.

  en.wikipedia.org/wiki/Breakup_of_the_Bell_System

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• Squizzy@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Why would you think that it isn’t profitable?

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  • lutillian@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

    Because they sell the bulk of their products at a loss. They use their webservices platform to bankroll their retail platform so they can undersell even Walmart. Some years it dies turn a slight profit but generally it’s fairly negative but no matter what it doesn’t offset the pure profit that is the web services division. ir.aboutamazon.com/…/default.aspx

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    • ammonium@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Seriousl question, why do they then even bother with the retail platform?

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      • lutillian@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

        If I had to guess, to achieve the ultimate conclusion of the Walmart plan, squash every other retailer in the nation and then raise prices.

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      • SchizoDenji@lemm.ee ⁨1⁩ ⁨year⁩ ago

        Brand awareness, data metrics, upselling their shitty amazon choice products.

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