RE: Will The Whole Foods Deal Help Amazon To Gain More Traction In The Grocery Market?
I'm a bit conflicted on what I think of this deal. Personally I always like Whole Foods and I've been a fan of Amazon for a long time, but I don't like when companies start getting so big that they influence the entire economy when they make decisions. This is really making me think of Walmart. Walmart now has expanded to the point that it owns entire shipping fleets, productions facilities, food production and manufacturing plants, honestly Walmart has it's hands in almost everything including money transfer and deals with tax services. The bigger companies get the more at risk of needing a bailout they will be if they ever collapse. I'll hope for the best, but I hope we don't end up with another Walmart situation of vastly underpaid workers with no insurance and no benefits.