Role of Amazon in the race to the bottom.
November 7, 2017, 9:33 pm by Eldar Gerfanov (Admin)
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.