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Amazon effect (view source)

Revision as of 03:53, June 17, 2017

378 bytes added ,  03:53, June 17, 2017
a start, will expand
The '''Amazon effect''' is extraordinary impact that the online retailer [[Amazon]] has on an industry when Amazon enters the market.

For example, on June 16, 2017, the announcement of Amazon's offer to purchase the grocery chain Whole Foods caused a sharp, immediate drop in the stock value of other grocery chains, including even the mammoth [[Walmart]].
[[category:finance]]
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