this post was submitted on 08 Jan 2024
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[–] pfaca@lemm.ee 52 points 10 months ago (3 children)

Wow. Amazon makes $1 billion in just 16 hours, 10 minutes...

[–] Zron@lemmy.world 33 points 10 months ago (1 children)

If Amazon were a country, and you treated its gross revenue as GDP, it would sit right between Ireland and belgium in the rankings.

554 billion dollars of revenue every year.

It’s insane that one company has more money moving than some medium sized countries.

Personally I think it’s criminal that one company can control that much of a market, and it actually might be criminal considering Amazon offers everything from web hosting, video streaming, selling pretty much anything, manufacturing their own products, to sending you your prescription. AT&T was broken up for doing pretty much the same thing. I think it’s time we actually enforce some of these antitrust laws we have.

[–] Zaphod@discuss.tchncs.de 1 points 10 months ago

554 billion dollars of revenue every year.

And they still the Ad money from prime and treat their delivery drivers like shit?

That should be explicitly illegal in the form of 100% taxes above a certain limit.