Jeff Bezos, chief executive of Amazon, is by most accounts a mild mannered sort of guy with classic West Coast liberal views. There is one thing, however, that makes him as ballistic as one of his Blue Origin space rockets – and that’s any mention of subjecting Amazon to a break-up.
He may, on the other hand, have to get used to it. On both sides of the Atlantic, the invasive market power of his business creation is the object of ever closer political and regulatory scrutiny.
Amazon is successfully bankrupting old retail models. Therefore we must break it up.
Sodding idiocy. If we’ve a new and better way of doing something then we want to have more of it. We want it to bankrupt the old and less better way because that’s how that works, that’s how we get more better. And whether it is better is defined by how much of the old way it bankrupts.