Choose to either defend amazon or enforce antitrust. in one paragraph explain in your own words...

Choose to either defend amazon or enforce antitrust. in one paragraph explain in your own words your reason for choosing your side. Please support your decision with facts and at least 1 reference (website).

Expert Solution

ENFORCE ANTITRUST

I have chosen to side with the motion against monopolising one of the recent leader in the revolutionising industry of online trade or 'e-commerce' that is Amazon.Since technology is speeding in pace of advancement and reach.It is spreading fast in almost every corner of the world and as we already see the impact of Amazon and its initiatives to continue to involve every sort of small / local bussiness to connect with the company by simplyfying procedues to get into the virtual platform of window selling - to sell products online example through amazon affliliation or doing freelancing by making an amazon m-turk account. Other services it is offering are the audio transcription facilities through platforms like transcribeme.com which is also a means of delivering product value online along with providing freelancing opputunities by asking to sign up with an amazon account for transcribing the same which is also a home based layman's job.There are many & varied small and local bussinesses who are effected drastically by this organisation since , they offer the same or better product with cheaper price and door step delivering convenience . A step taken by google together with FCCI run by the hashtag #makesmallbig is a gesture to support the point that instigates & strives to relieve local bussiness from their impopularity and their plight by encourging purchase from local stores. Small bussinesses are staggering to gain stability in the insdustry because of a handful of industries gigga giants who claim to make e-commerce b-b and b-c (bussiness to bussiness , bussiness to customer) succesful by the sacrifice of entreprenuership and jobless growth in the sense that the job is not a passionate endeavour but remain as a means of employment.Thus we see that in many mays Amazon is trying to take over the consumer base and should be confronted with laws of trade protection acts ensuring free and fair compettiton.

reference : https://thenextweb.com/business/2017/07/26/time-fear-amazon/

~ Thankyou

Rahul Sunny answered 1 year ago

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