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Comments by "" (@theylied1776) on "Amazon to buy Target: Gene Munster" video.
Here's the thing, Congress would block that acquisition. Because they will make the argument Amazon already has an unfair business practice because Amazon already has a dominating presence in the online retail space and have driven retailers out of business, because they do not have to make a profit to stay in business unlike a brick and mortar. They operate under a different set of rules when it comes to profitability so Congress would block that acquisition.
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derty QWERTY Apparently you've never taken any business courses or economics. You don't know how business works because acquiring Target would be a write-off for Amazon. Again, they don't need to make a profit at all. The structure for a digital retailer, like Amazon, is absolutely different than it is for brick-and-mortar lock Walmart. Why do you think Amazon acquired Whole Foods? And by the way, this entire video was useless because Amazon acquiring Target is only a possibility at best.
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