金融评论: 关于对亚马逊的垄断指控

分拆亚马逊

 

来源: IAM3Down4Up 于 2018-03-30 17:07:33

 

Once again, despite the flurry of so-called experts who were quoted in the financial media saying President Trump has no idea what he's talking about when he tweeted that Amazon "are putting many thousands of retailers out of business", somebody with experience running one of the world's largest retailers shocked a handful of financial journalists on CNBC when he said Friday afternoon on "the Closing Bell" that, actually, Trump has a point...

 

As Bill Simon, former CEO of Walmart US, said Congress should look into splitting up Amazon.

 

"They're not making money in retail, and they're putting retailers out of business,"Simon told CNBC.

 

Simon said Amazon has operated its retail segment at a loss while relying on more profitable business segments - like Amazon Web Services - to offset these losses. The company's explicit goal is to drive its competitors out of business before seizing their market share.

 

It's because of this type of behavior that the government should intercede.

 

"It's anti-competitive, it's predatory, and it's not right," said Simon. "It's not going to hurt the big ones. Walmart can adjusted. It'll be there. Costco will continue to thrive.

 

"It'll hurt small retailers, and it'll hurt specialty chains," he said. "You see what's happened to Toys R Us and department stores. JC Penney is in trouble. And it's because Amazon sells below cost and continues to do that," Simon said.

 

"It's destroying jobs and it's destroying value in the sector."

 

 

天朝玉：

 

不一定分拆。微软就没有。建议读读  two antitrust cases, United States v. AT&T and United States v. Microsoft Corporation, and see how filing of the two cases have affected their stock prices ~ Not necessarily splitting. Microsoft didn’t split. It accepted a settlement.

 

 

只是评论一下，跟股价短期内的涨跌没有直接的关系

来源: WaitForMe 于 2018-03-31 23:18:47 

 

 

天朝玉：

摇头。Antitrust law 就是解决垄断的。如果亚马逊有被提诉的可能，任何有关的announcements 绝对会影响短期股价涨跌，在金融学里，这叫 wealth effects or event study of major corporate announcements  ～

 

 

如果政府启动反垄断诉讼，当然会有影响，有这个可能性，但是在电商领域，好象也没有先例

来源: WaitForMe 于 2018-04-01 11:01:56 

 

 

天朝玉：

不需要先例就可以知道这种宣布会有影响的，跟在哪个工业无关。有足够多的empirical evidence has foundthe effect significant.

 

A monopoly possesses “monopoly rent”, giving it an tremendous advantage to set very high prices, control the market share. Taking that away eliminates the rent, shrinks profit margin... On the other hand, it increases competition and lower consumer price in that industry. 这么大的事，对它的股票不会有影响吗？

 

It would be interesting to see how this one unfolds ~ 

 

我自己的投资里也是有不少亚马逊的 ：）

 

 

 

大千股坛 03/30/2018