Amazon on Track to Control 50 Percent of U.S. E-Commerce Market
Joshua Caplan 13 Jul 2018 Breitbart News
Amazon, the online retailing giant founded by Jeff Bezos, is fast approaching capturing 50 percent of the U.S. e-commerce market, according to data research firm eMarketer.
The company is forecast to hit sales of $258.2 billion by the end of 2018, a roughly 30 percent increase from the previous year. Amazon captured approximately 44 percent of the e-commerce market in 2017. The online retailing giant’s market share dwarfs eBay’s, which currently has around 6.6 percent of all U.S. e-commerce sales. The third is Apple with 3.9 percent and Walmart in fourth places, capturing 3.7 percent of the market… . .
. . . Amazon has also come under fire for its seemingly insatiable appetite for foreign workers — whose immigration statuses can be leveraged for lower wages — over Americans. As Breitbart News’ John Binder reported, Amazon is hiring more foreign workers into the U.S. to for lucrative technology jobs than Google and Facebook combined. . . .
My opinion is the country should use its anti-trust laws to break this (and many other companies) up.