Introduction
Amazon (AMZN) is currently struggling with a lot of news about battles with competition authorities and disappointing quarterly results. I myself have spoken bearishly about the company several times. I'm still very skeptical about Amazon's dominant market position and the company's practices. For my scepticism about the economic network effects of the business model, I was often attacked by investors in the commentary section of my article. According to the quarterly figures, however, it suddenly appears as if the wind has turned.
Given that, one threat does not necessarily weigh as much