Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
April 28, 2020 04:45 pm

Amazons power is becoming more exposed during the pandemic




Illustration byAlex Castro

When people were ordered to stay home during the pandemic, online shopping became a vital resource for basic goods like toilet paper, groceries, and cleaning supplies. People need those products fast, and Amazon provides that service.


Before the pandemic, the Institute for Local Self-Reliance reported in 2016 that Amazon captures nearly one in every two dollars that Americans spend online. Over the past month, Amazon’s stock value has increased significantly during a recession while its demand grows further, advancing its dominance in the online shopping market.


Stacy Mitchell, co-director of the Institute for Local Self-Reliance, says that kind of dependence should make us deeply concerned.


Mitchell has been a vocal critic of...



Continue reading…




Original Link: https://www.theverge.com/2020/4/28/21234925/vergecast-podcast-interview-stacy-mitchell-institute-for-local-self-reliance-amazon-monopoly

Share this article:    Share on Facebook
View Full Article

The Verge

The Verge is an ambitious multimedia effort founded in 2011

More About this Source Visit The Verge