Quote:
Originally Posted by Pajamaman
I think where the author went wrong, as regards amazon lovers, was to say "Amazon" instead of "online retail." But there is no doubt that online retail has massively hurt physical stores. A cursory search reveals that Amazon controls between 40-50% of online retail aproximately, and is the single biggest player. So what the author said, regardless of his motives, is largely true.
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It's very easy. Let the market decide. I see no need whatsoever for Government intervention to save retail dinosaurs from extinction. I suspect that there will still be many physical stores which can compete.