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Is Amazon Good for Small Business?

Open to Debate

NOTE

Amazon Impact on Small Businesses

Amazon is detrimental to small businesses as it disrupts the principles of fair and free markets outlined by Adam Smith. It creates information asymmetry, lacks a common moral framework, and does not ensure a shared understanding in transactions. While Amazon may lower prices, its impact goes beyond pricing as it involves information control, which is a crucial aspect neglected by traditional monopoly laws focused solely on pricing.

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