Amazon is evil

Amazon has been in business for about 20 years, and during this time it has made little or no profits.  Furthermore, there are no prospects for it ever making profits.  So why is it valued at over $140 billion?  Who knows.  But more important is its reasons for eschewing profits - because it wants to bankrupt rival companies, which include mom-and-pop local businesses.  And it is not relying on low prices alone, instead it is acting like a bully.  In the book publishing business it is telling authors that it will dramatically lower the amount of royalties it is paying.  More ...

The Truth Behind Amazon's Success? It's Kinda Evil. Amazon.com is responsible for a third of online sales, and that number is on the rise. It has become this colossal through unfair business and labor practices that are getting worse every day.