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Teaching Economics

In the News

Amazon enters the business supplies market

Geoff Riley

4th April 2017

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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.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty 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 and Revision conferences in the UK and overseas.

@tutor2uGeoff

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