By Evan Schuman
At a recent industry conference, Whole Foods Co-CEO John Mackey was talking about the challenges of retail competition when he made an intriguing point. Amazon.com is positioned, he said, to subsidize its partner pricing indefinitely, thereby harming competitors by forcing them to sell at lower-than-sustainable prices.
To be fair, his broader point was that when venture capitalists subsidize pricing of the companies they invest in, they don’t have deep enough pockets to do it long enough …read more
Source:: IT Management