In a recent article, the
Wall Street Journal outlines how e-commerce giant Amazon gains an advantage over smaller competitors, “steamrolling” their business with similar products and services on its massive platform.
In an article titled “How Amazon Wins: By Steamrolling Rivals and Partners,” the
Wall Street Journal outlines how the e-commerce giant Amazon uses its vast influence to push out competitors and rivals. The company often does this by targeting items that are selling well and creating their own version of the product, selling it at a cheaper price and undercutting the original manufacturer.
The
Wall Street Journal writes:
No competitor is too small to draw Amazon’s sights. It cloned a line of camera tripods that a small outside company sold on Amazon’s site, hurting the vendor’s sales so badly it is now a fraction of its original size, the little firm’s owner said. Amazon said it didn’t violate the company’s intellectual-property rights.
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