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Amazon allegedly took $200 million in losses to stop the growth of diapers.com.
This week's anti-trust hearings have been interesting
https://arstechnica.com/tech-policy/2020/07/emails-detail-amazons-plan-to-crush-a-startup-rival-with-price-cuts/
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1986 Bosch Icon Wipers coupe. |
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Get off my lawn!
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Wal Mart has done the same thing for years, only worse. One guy I know made vinegar at his factory. He made a presentation to them and labeled the bottles to their brand. They wanted more vinegar than he could produce and he had other clients.
So he took out loans and expanded his operation with the long term contract with them. About the time he was in full production, the pulled the contract over some made up dispute. Suddenly he had a factory to make vinegar that was way more than he needed, and bank loans to repay. Wal Mart bought some other vinegar production plant, and make it themselves.
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Glen 49 Year member of the Porsche Club of America 1985 911 Carrera; 2017 Macan 1986 El Camino with Fuel Injected 350 Crate Engine My Motto: I will never be too old to have a happy childhood! |
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Join Date: May 2017
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Still Doin Time
Join Date: Nov 2004
Location: Nokesville, Va.
Posts: 8,225
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The power of influence and money in the marketplace. No different than the mob, just 'legally done.
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'15 Dodge - 'Dango R/T Hauls groceries and Kinda Hauls *ss '07 Jeep SRT-8 - Hauls groceries and Hauls *ss Sold '85 Guards Red Targa - Almost finished after 17 years '95 Road King w/117ci - No time to ride, see above '77 Sportster Pro-Street Drag Bike w/93ci - Sold |
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Join Date: Jan 2002
Location: Long Beach CA, the sewer by the sea.
Posts: 37,787
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Sears was famous for that.
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Registered
Join Date: Jul 2000
Location: Central Kentucky
Posts: 3,686
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It's a pretty common business practice. If you've got deeper pockets, you can eat the losses until your competition goes under. Back in the 80s, this is how tv manufacturing was wiped out in the US.
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"Motorcycles... the cigarettes of transportation." Seth Myers |
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Just thinking out loud
Join Date: Nov 2001
Location: Close by
Posts: 6,885
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When I was in sales, we had one competitor against the wall. They had two local warehouses, then one, and it was bare bones holding on for dear life. Some one fudges, our franchise was terminated, and corporate bought out the competition.
The competition was already dead, but they didn't consult me. Waste of capital.
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83 944 91 FJ80 84 Ram Charger (now gone) |
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Almost Banned Once
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You guys would know better than me but is this legal in the US? If it is, it certainly seems shady...
Basically Amazon are paying people for a 5 star review. ![]()
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- Peter |
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Join Date: Jul 2000
Location: Central Kentucky
Posts: 3,686
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It does seem shady (though they specifically say if you're happy with the product), but that doesn't look like it's from Amazon themselves. Indeed, Amazon could typically care less about product reviews, since most of the stuff sold through them comes from someone else. Looks like some sort of marketing company to me.
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"Motorcycles... the cigarettes of transportation." Seth Myers |
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Almost Banned Once
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Yes I think you're right. The email address "Giveaway_Service@outlook.com" is probably not an official Amazon Company email.
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- Peter |
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