Quote:
Originally Posted by murg
Amazon does.
So, based on your example, let see: B&N buys fictionwise and 'plans' to close it down soon. Yet takes years to do so. And B&N is not doing very well.
Amazon buys Book Depository (and a bunch of other competitors). Keeps them running for years (in fact, has no plans to shut them down). And Amazon is doing very well.
Maybe the strategy of buying competitors to shut them down isn't a very good strategy.
|
Or maybe being a small fish in a bigger pond just isn't very profitable.