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11 sats \ 1 reply \ @SatsMate 22 Aug \ on: Amazon's huge loses in India "smells of predatory pricing" or something else? econ
In places like India where there is a robust free market and many nice mom and pop shops, I think Amazon will be a rent seeking corporatocracy that will hollow out a lot of the free market commerce. I honestly don't think Amazon will serve India well from my limited view...
It will only serve better if it never reaches to a monopoly state. With Flipkart and other local business going very strong here, I don't see Amazon to make any inroads for monopoly
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