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Mike Papantonio and Farron Cousins – Amazon’s Takeover Of Our Lives

Summary:
Every time Amazon expands by 1% 8,000 other companies go out of business. Jeff Bezos keeps expanding into new areas which now includes business with the Pentagon. I didn't know this, but Amazon uses 'personal pricing ' and my immediate thought was that this was a discount for regular customers, but it's the opposite, in fact. If you regularly buy a product, Amazon may increase the price by 3%, so the price you see is not the one everyone else sees. And they might increase it again sometime later. , [embedded content] America’s Lawyer: Mike Papantonio and Trial Magazines Editor Farron Cousins break down the virtual monopoly Amazon now enjoys, given that nearly HALF of all online purchases in the U.S. are now placed through its all-encompassing marketplace. Beyond online retail though,

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Every time Amazon expands by 1% 8,000 other companies go out of business. Jeff Bezos keeps expanding into new areas which now includes business with the Pentagon.

 I didn't know this, but Amazon uses 'personal pricing ' and my immediate thought was that this was a discount for regular customers, but it's the opposite, in fact. If you regularly buy a product, Amazon may increase the price by 3%, so the price you see is not the one everyone else sees. And they might increase it again sometime later. ,

America’s Lawyer: Mike Papantonio and Trial Magazines Editor Farron Cousins break down the virtual monopoly Amazon now enjoys, given that nearly HALF of all online purchases in the U.S. are now placed through its all-encompassing marketplace. Beyond online retail though, Amazon CEO Jeff Bezos has expanded the company’s reach to TV streaming, pharmaceuticals, and even brick-and-mortar stores. Plus, a new report showing that the Catholic Church has spent millions of dollars lobbying against the efforts to hold their own clergy members liable for molesting children.

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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