Re:Amazon is buying Eero
by atombender on Monday February 11, 2019 @11:43PM
(#19141103)
There's already very little choice in the marketplace. The world's top brands are owned by just a handful of multinational conglomerates. This Gizmodo article has a lot of examples [1]:
* Among supermarket goods, almost everything is sold by just 10 companies, including Nestlé, Unilever, Kraft, P&G and Johnson & Johnson.
* 54% of all financial assets in the US are owned by just 10 companies (JPMorgan Chase, Citigroup, Bank of America, Wells Fargo and a few others).
* Same thing is happening to media conglomerates (Disney is a good example), airlines, alcoholic beverage companies, and everything else.
There's an increasing proliferation of brands, but an decreasing number of brand owners, resulting in an illusion of consumer choice. Even Amazon itself is a good example: An increasing number of products on Amazon are "secret" brands [2] owned by Amazon itself.
* Among supermarket goods, almost everything is sold by just 10 companies, including Nestlé, Unilever, Kraft, P&G and Johnson & Johnson.
* 54% of all financial assets in the US are owned by just 10 companies (JPMorgan Chase, Citigroup, Bank of America, Wells Fargo and a few others).
* Same thing is happening to media conglomerates (Disney is a good example), airlines, alcoholic beverage companies, and everything else.
There's an increasing proliferation of brands, but an decreasing number of brand owners, resulting in an illusion of consumer choice. Even Amazon itself is a good example: An increasing number of products on Amazon are "secret" brands [2] owned by Amazon itself.
[1] https://gizmodo.com/fascinating-graphic-shows-who-owns-all-t...
[2] https://qz.com/1039381/amazon-owns-a-whole-collection-of-sec...