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April 28, 2020 04:45 pm
Illustration byAlex Castro
Original Link: https://www.theverge.com/2020/4/28/21234925/vergecast-podcast-interview-stacy-mitchell-institute-for-local-self-reliance-amazon-monopoly
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...
Original Link: https://www.theverge.com/2020/4/28/21234925/vergecast-podcast-interview-stacy-mitchell-institute-for-local-self-reliance-amazon-monopoly
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