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Summary Of Amazon's Monopsony Is Not O. K

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In the article "Amazon’s Monopsony Is Not O.K." By Paul Krugman he claims that Amazon the online retailer, has too much power, and it uses that power in ways that hurt America. Critics of the company think such claims are over the top and they don't think Amazon dominates overall online sales, let alone retailing as a whole, and probably never will. Amazon's defenders often digress into paeans to online bookselling, which has indeed been a good thing for many Americans, or testimonials to Amazon customer service. If you haven't been following the recent Amazon news: Back in May a dispute between Amazon and Hachette, a major publishing house, broke out into open commercial warfare. Amazon had been demanding a larger cut of the price of Hachette
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