Amazon Demands One More Thing From
Some Vendors: A Piece of Their Company
Wall Street Journal,
by
Dana Mattioli
Original Article
Posted By: OhioNick,
6/30/2021 3:48:18 AM
Suppliers that want to land Amazon.com Inc. as a client for their goods and services can find that its business comes with a catch: the right for Amazon to buy big stakes in their companies at potentially steep discounts to market value.
The technology-and-retail giant has struck at least a dozen deals with publicly traded companies in which it gets rights, called warrants, to buy the vendors’ stock in the future at what could be below-market prices, according to corporate filings and interviews with people involved with the deals.
Amazon over the past decade also has done more than 75 such deals with privately held companies.
Reply 1 - Posted by:
LaVallette 6/30/2021 5:10:58 AM (No. 831037)
Time for urgent intervention under the Federal anti trust and anti monopoly laws, policies and enforcement
16 people like this.
Reply 2 - Posted by:
Flyball Dogs 6/30/2021 5:49:24 AM (No. 831046)
I’m in the process of using up my “points” and cancelling my Prime membership. Be-zar can get richer without me.
5 people like this.
Reply 3 - Posted by:
triggerberg 6/30/2021 5:50:45 AM (No. 831047)
Amazon isn’t dominating enough? Now it is going to adopt Wal-Mart’s business model.
2 people like this.
Reply 4 - Posted by:
Krause 6/30/2021 7:35:31 AM (No. 831093)
The desire to be named the richest man in the world is too big to resist.
1 person likes this.
Reply 5 - Posted by:
Rinktum 6/30/2021 8:25:08 AM (No. 831144)
Amazon is evil. We were much better off when corporate overlords were broken up. Now, the government is in bed with the very people who are tyrants. It is hard to protect the people of this country when corporations and government work together to strengthen each other. The small guy will always suffer.
3 people like this.
Reply 6 - Posted by:
bigfatslob 6/30/2021 8:50:26 AM (No. 831171)
Amazon demands, I stopped reading right there. I know what this is.
5 people like this.
Reply 7 - Posted by:
udanja99 6/30/2021 8:51:34 AM (No. 831174)
I dumped Prime and quit shopping on Amazon right after the election when Bezos joined in the attacks on Parler and other conservative websites. You’d be surprised at how painless it actually is. Any goods which are available on Amazon are available elsewhere. All it takes is a bit of time and effort to find them. Think of it as your patriotic duty to dump Amazon.
7 people like this.
Reply 8 - Posted by:
Strike3 6/30/2021 8:57:14 AM (No. 831184)
Just one more of the many reasons not to buy from Bezos.
4 people like this.
Reply 9 - Posted by:
Strike3 6/30/2021 9:01:11 AM (No. 831191)
Re, #1, the federal government itself is the biggest example of a monopoly gone wrong. They have forced their way into our schools, churches, homes, places of businesses, the medical industry, local police forces, even the habitat of the frogs in our backyards. When to we shout, Enough!
8 people like this.
Reply 10 - Posted by:
athina 6/30/2021 9:45:22 AM (No. 831243)
Regarding Walmart: last week I placed an order with Walmart.com for some cleanser for my cookware - could have gotten it on amazon but I vowed in January to not purchase from them anymore, and I haven’t. So the order arrived the other day, in an Amazon envelope with an amazon invoice!! So it appears, when you end up in Walmart Marketplace, one of their vendors is Amazon!! I wrote a note telling them this is an unpleasant surprise. Haven’t heard back.
1 person likes this.
Reply 11 - Posted by:
athina 6/30/2021 9:50:49 AM (No. 831249)
I thought Walmart was a competitor to Amazon. What is going on??
1 person likes this.
Reply 12 - Posted by:
TLCary 6/30/2021 9:55:13 AM (No. 831254)
Section 5(a) of the Federal Trade Commission Act (FTC Act) (15 USC §45) prohibits “unfair or deceptive acts or practices in or affecting commerce. - Just thought I would help them out, clearly they need the help.
2 people like this.
Reply 13 - Posted by:
justavoter 6/30/2021 10:52:28 AM (No. 831330)
Learning fast from the China Communist Part
0 people like this.
Reply 14 - Posted by:
justavoter 6/30/2021 10:53:21 AM (No. 831333)
I have never bought anything from Amazon and my goal is to stay with the plan.
0 people like this.
Reply 15 - Posted by:
DVC 6/30/2021 11:43:20 AM (No. 831431)
Another important reason to NEVER order from Amazon.
0 people like this.
Reply 16 - Posted by:
columba 6/30/2021 11:51:01 AM (No. 831453)
Amazon used to have a place in the rural town where I live. People worked there but I never talked to any employee who wanted to work there. And amazon sells pornography.
0 people like this.
Reply 17 - Posted by:
terrywhite 6/30/2021 12:07:20 PM (No. 831472)
The anti-Americanism of these corporate giants is self-defeating. I've quit Facebook, Instagram, Linkedin, and Twitter. Seems I'm going to have to renounce the use of Amazon as well.
0 people like this.
Reply 18 - Posted by:
TurtleDove 6/30/2021 12:31:00 PM (No. 831498)
This is like the mafia & their practices are illegal, so why isn't this illegal too?
I dumped bozo & amazon long ago & live just fine without it. I support smaller, local businesses as much as possible; the only chains with which I do business are my druggist & a local grocery chain. If we don't support the local businesses who will keep the storefronts open, who will employ people in our neighborhoods, who will help pay local taxes???
Think about it folks, it's a very real concern with a direct impact on your life.
1 person likes this.
Reply 19 - Posted by:
udanja99 6/30/2021 12:55:37 PM (No. 831550)
#’s 10 and 11, it’s called “drop shipping” and EBay does it as well. They simply forward the order to Amazon, which fills it and delivers it to you using Prime’s “free” shipping.
1 person likes this.
Reply 20 - Posted by:
MickTurn 6/30/2021 7:45:33 PM (No. 831864)
Cram that in your Amazon, my final word!
0 people like this.
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