tintory@lemm.ee to politics @lemmy.world · 11 months agoThe FTC Sues to Break Up Amazon Over an Economy-Wide "Hidden Tax"www.thebignewsletter.comexternal-linkmessage-square78fedilinkarrow-up1850arrow-down18cross-posted to: politics@beehaw.org
arrow-up1842arrow-down1external-linkThe FTC Sues to Break Up Amazon Over an Economy-Wide "Hidden Tax"www.thebignewsletter.comtintory@lemm.ee to politics @lemmy.world · 11 months agomessage-square78fedilinkcross-posted to: politics@beehaw.org
minus-squarenorbert@kbin.sociallinkfedilinkarrow-up3arrow-down1·edit-211 months agoAnd yet they’re still able to rake in cash, weird. Almost like some random JP Morgan analyst is telling half a story to slant it how they want. If Amazon was “losing” money on Prime they’d raise the price. It really is that simple, all the creative accounting in the world doesn’t change that. edit; you know how you can cost Amazon $1k per year? Cancel prime and stop buying so much bullshit.
And yet they’re still able to rake in cash, weird. Almost like some random JP Morgan analyst is telling half a story to slant it how they want.
If Amazon was “losing” money on Prime they’d raise the price. It really is that simple, all the creative accounting in the world doesn’t change that.
edit; you know how you can cost Amazon $1k per year? Cancel prime and stop buying so much bullshit.