Episode 285: What’s News in the Economy?
Words & Numbers
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Is Amazon a Monopoly?
"I anticipate things being better for consumers in the not too distant future," he says. "If you can get a TV for 60% off on Cyber Monday, well, I can tell you sales are going to be robust." But if they can't beat the prices that Amazon just offered, there will be algorithms designed to figure out how low the pricing has to go and achieve the same effect.
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