He drove a lot of businesses out by selling things at a loss.
If that’s legal, that’s his prerogative. Is it legal?
I could have done that for a few months with my bowling alley vending machines to kill the competition but then the competition would have LITERALLY killed me :)
Actually, only loss leaders were sold at a loss. Individual items not sold cheap as advertising were sold at a profit.
What Amazon did do was continue to spend more on expanding the company infrastructure than the company brought in, and they did that for well over a decade. So the company operated at a loss, but items were not generally being sold at a loss.
His genius was bribing enough Congresspeople not to impose sales taxes on stuff he sold online for almost a decade.
Do that long enough and the brick and mortar types can’t compete.
Knocked them out of the box.