In the News
Amazon enters the business supplies market
4th April 2017
Economies of scope and scale, contestable markets, monopsony power and the power of brand all come together with this news from Amazon.
I suspect small businesses have been buying much from Amazon for many years - from printer inks to tea bags. Now Amazon Business is rolling out on a much larger scale. Consider the competitive challenges this will face for office supply businesses such as Viking Direct and Staples.
UK firms can now buy everything from office furniture to thermal imaging cameras on Amazon https://t.co/4pUPj7Led1
— Indy Business (@TheIndyBusiness) April 4, 2017
Amazon enters office supplies market https://t.co/RoXlSpNuG9
— BBC Business (@BBCBusiness) April 4, 2017
- Economics
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- In the News
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- Economies of Scope
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Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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