New Report: How Amazon’s Tightening Grip on the Economy Is Stifling Competition, Eroding Jobs, and Threatening Communities | Institute for Local Self-Reliance

Amazon has quietly positioned itself at the center of a growing share of our daily activities and transactions, extending its tentacles across our economy, and with it, our lives. In this new report, we pull back the curtain on the company, and find that it’s at the center of increasing inequality and diminishing opportunity, and that it’s concentrating power in ways that endanger competition, community life, and democracy. We also examine how public policy should address Amazon’s high costs.

Source: New Report: How Amazon’s Tightening Grip on the Economy Is Stifling Competition, Eroding Jobs, and Threatening Communities | Institute for Local Self-Reliance

half of all U.S. households are subscribed to the membership program Amazon Prime, half of all online shopping searches start directly on Amazon, and Amazon captures nearly one in every two dollars that Americans spend online.

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