Posts

Showing posts with the label Amazon

Amazon accuses customer of racism & shuts down their smart home - ENOUGH CLOUD JUNK!

Image
 Time to unplug... Amazon accuses customer of racism & shuts down their smart home - ENOUGH CLOUD JUNK! Source: Louis Rossman

" Amazon, 'Economic Terrorism' and the Destruction of Competition and Livelihoods" by Colin Todhunter

Amazon, ā€œEconomic Terrorismā€ and the Destruction of Competition and Livelihoods Colin Todhunter   Global corporations are colonising Indiaā€™s retail space through e-commerce and destroying small-scale physical retail and millions of livelihoods. Walmart entered into India in 2016 with a US$3.3 billion take-over of the online retail start-up Jet.com. This was followed in 2018 with a US$16 billion take-over of Indiaā€™s largest online retail platform, Flipkart. Today, Walmart and Amazon control almost two thirds of Indiaā€™s digital retail sector. Amazon and Walmart have a record of using predatory pricing, deep discounts and other unfair business practices to attract customers to their online platforms. A couple of years ago, those two companies generated sales of over US$3 billion in just six days during Diwali. Indiaā€™s small retailers reacted by calling for a boycott of online shopping. If you want to know the eventual fate of Indiaā€™s local markets and small ...