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Role of Amazon in the race to the bottom.

November 7, 2017, 9:33 pm by Eldar Gerfanov (Admin)
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I try to not comment on things outside of my immediate area of knowledge or specialization.
But this one caught my eye and I thought it would be interesting to share with you guys.

So the news in a nutshell is Amazon applying discounts to products that third-party vendors are selling on its platform.

For example. Company "A" is selling its smartphone for $1000.
That is the price of the product on their online store and brick-and-mortar stores and other platforms like for example Amazon.

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