Is Amazon An Enemy of the People?

Is Amazon An Enemy of the People?
AP Photo/Reed Saxon, File

It is always interesting to see what kind of reactions a big merger announcement brings out, and Amazon's bid for Whole Foods is no exception. The prospect of better, faster and cheaper last mile delivery or pickup points for groceries will excite the long-time Amazon subscriber. These exact same points will trouble a competitor in the business. An analyst has the chance to emit opinions about how Amazon overpaid for a failing business. An investor is left only to read the market's reaction and try to understand what it signals: Amazon's stock prices rose; grocer stock prices took a plunge.

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