Overlord Bezos Entering Rx Pharmacy

[SHUSA]

Amazon is now selling prescription drugs, and Prime members can get massive discounts if they pay without insurance

Amazon Pharmacy will offer Prime customers two-day delivery on medications and price cuts on both generic and brand-name drugs, the company said.

www.businessinsider.com

 

[cernjSHU]

Why is this bad?

 

[Merge]

Seems like a good thing for consumers, but a pretty bad thing for CVS, express-scripts etc...

 

[SHUSA]

Why is this bad?

i didnt say it was? i think it will expose pricing.

the only bad thing is this is another step for amazon controlling the world. i think theyve already got into real estate. they dont care as much about Rx as they do health data eventually probably going to enter the healthcare space.

 

[cernjSHU]

i didnt say it was? i think it will expose pricing.

the only bad thing is this is another step for amazon controlling the world. i think theyve already got into real estate. they dont care as much about Rx as they do health data eventually probably going to enter the healthcare space.

Your use of the term Overlord to refer to Bezos. IT has a negative connotation don't you think?

 

[HALL85]

Seems like a good thing for consumers, but a pretty bad thing for CVS, express-scripts etc...

Capitalism, competition and free market at its best.

 

[SHUSA]

Your use of the term Overlord to refer to Bezos. IT has a negative connotation don't you think?

hes taking over everything, no?

 

[Merge]

the only bad thing is this is another step for amazon controlling the world. i think theyve already got into real estate. they dont care as much about Rx as they do health data eventually probably going to enter the healthcare space.

That's probably a good thing overall. If they see an opportunity in healthcare, it will likely be because there will be a benefit to consumers. We need innovation. Hopefully they provide some.

 

[SHUSA]

That's probably a good thing overall. If they see an opportunity in healthcare, it will likely be because there will be a benefit to consumers. We need innovation. Hopefully they provide some.

people on this board are so frightened about the govt taking over lol id expect the conspiracy nuts to start shouting about our future amazon clout scores

 

[sami]

I think this is a good thing. Amazon sees a bloated market. If they couldn’t go in, cut cost, increase efficiency and make money squeezing out competition, they wouldn’t.

People complain drug prices are too high. Let’s see what Amazon can do about that.

 

[anon_ezos2e9wn1ob0]

Unless Amazon is getting the pharmaceutical manufacturers to take a hit on price all they're goin to do is knock out wholesale distributors who operate on thin margins between the mfg and pharmacies.

 

[HALL85]

Unless Amazon is getting the pharmaceutical manufacturers to take a hit on price all they're goin to do is knock out wholesale distributors who operate on thin margins between the mfg and pharmacies.

Those big three wholesalers are all Fortune 100 companies. I wouldn’t cry for them.

 

[anon_ezos2e9wn1ob0]

Those big three wholesalers are all Fortune 100 companies. I wouldn’t cry for them.

The big 3 will be fine. There are hundreds of smaller distributors though.

 

[HALL85]

The big 3 will be fine. There are hundreds of smaller distributors though.

Those big three represent 90% of the market

 

[Section112]

Amazon is doing what Walmart did to small businesses years ago - shutting many of them down. A Walmart goes in and main street small retailers would close down. Have to give Amazon a lot of credit. Americans and people across the world like convenience delivered to their door especially during Covid which has increased their sales.

Where Amazon is taking advantage is that their algorithms when Amazon owns a competing product, are placing the Amazon products on page 1 and they are placing the small business products much lower on screen shutting out the small business owners who pay money to advertise on their site. Amazon is very scummy to do this, and they are single handedly shutting out and putting out of business many small businesses and creating a monopoly. Small businesses have to innovate somehow but its hard to compete against this monster. And we who shop have to give our business to small business where we can. Problem is we like convenience and its so easy to go to the site and just order something. Our culture has adopted Amazon wholeheartedly and very little is done to promote small businesses even though they employ a high percentage of Americans.

 

[Seton75]

Monopolies are good for no one. Like on line diaper company that Amazon spent hundred of millions in losses to put them out of business, maybe 200 mill a month at times. This is not good.

I am a non Amazon shopper. No Whole Foods now, not any of it. Maybe I save a quarter as they knock thousands of small businesses out. F 'em.

 

[NYShoreGuy]

Monopolies are good for no one. Like on line diaper company that Amazon spent hundred of millions in losses to put them out of business, maybe 200 mill a month at times. This is not good.

I am a non Amazon shopper. No Whole Foods now, not any of it. Maybe I save a quarter as they knock thousands of small businesses out. F 'em.

Yet in the united states, water, electric, gas, cable all geo based monopolies

 

[HALL85]

Monopolies are good for no one. Like on line diaper company that Amazon spent hundred of millions in losses to put them out of business, maybe 200 mill a month at times. This is not good.

I am a non Amazon shopper. No Whole Foods now, not any of it. Maybe I save a quarter as they knock thousands of small businesses out. F 'em.

It’s not the governments job to police monopolies and break them up if they create unfair practices?

And when you say f-em, just remember the hundreds of thousands of citizens that Amazon employs and provides healthcare for right here in the United States. F them?

Do you have the same distain for companies that manufacture products in China via child labor? A country that is responsible for withholding information and killing hundreds of thousands of Americans and destroying our economy? I bet you love your swoosh....

 

[NYShoreGuy]

It’s not the governments job to police monopolies and break them up if they create unfair practices?

And when you say f-em, just remember the hundreds of thousands of citizens that Amazon employs and provides healthcare for right here in the United States. F them?

Do you have the same distain for companies that manufacture products in China via child labor? A country that is responsible for withholding information and killing hundreds of thousands of Americans and destroying our economy? I bet you love your swoosh....

I personally dont like to be at walmart much, Walton Family, F em

 

[HALL85]

I personally dont like to be at walmart much, Walton Family, F em

You hate 1.5 million working Americans....figures...

https://corporate.walmart.com/newsroom/company-facts

 

[SHUSA]

Amazon is doing what Walmart did to small businesses years ago - shutting many of them down. A Walmart goes in and main street small retailers would close down. Have to give Amazon a lot of credit. Americans and people across the world like convenience delivered to their door especially during Covid which has increased their sales.

Where Amazon is taking advantage is that their algorithms when Amazon owns a competing product, are placing the Amazon products on page 1 and they are placing the small business products much lower on screen shutting out the small business owners who pay money to advertise on their site. Amazon is very scummy to do this, and they are single handedly shutting out and putting out of business many small businesses and creating a monopoly. Small businesses have to innovate somehow but its hard to compete against this monster. And we who shop have to give our business to small business where we can. Problem is we like convenience and its so easy to go to the site and just order something. Our culture has adopted Amazon wholeheartedly and very little is done to promote small businesses even though they employ a high percentage of Americans.

i mean, amazons mission statement was to make things cheaper and easier for the consumer. it was good for the consumer

 

[NYShoreGuy]

You hate 1.5 million working Americans....figures...

https://corporate.walmart.com/newsroom/company-facts

No its not that its how the walton firm treats those people

Top Reasons the Walton Family and Walmart are NOT “Job Creators” | Making Change at Walmart

changewalmart.org

 

[NYShoreGuy]

Walmart workers protest outside Walmart heiress' penthouse

The protest was partially a response to the company's so-called "Great Workplace" restructuring initiative

www.salon.com

 

[HALL85]

Walmart workers protest outside Walmart heiress' penthouse

The protest was partially a response to the company's so-called "Great Workplace" restructuring initiative

www.salon.com

Salon? C’mon...pretty weakhttps://en.m.wikipedia.org/wiki/Salon_(website)

 

[Hallsome]

It’s not the governments job to police monopolies and break them up if they create unfair practices?

And when you say f-em, just remember the hundreds of thousands of citizens that Amazon employs and provides healthcare for right here in the United States. F them?

Do you have the same distain for companies that manufacture products in China via child labor? A country that is responsible for withholding information and killing hundreds of thousands of Americans and destroying our economy? I bet you love your swoosh....

I like your response and 112s. I don’t draw a line though. I basically do what I think is best for my family, so I guess I’m just a sheep lol

 

[Pirata]

hes taking over everything, no?

No.

He has competition. He's just beating them.

 

[Pirata]

Yet in the united states, water, electric, gas, cable all geo based monopolies

For the most part, those are regulated public utilities. Big difference.

Electric was broken up into distribution and generation.
You now have competition in selecting generation.

Cable is an odd one but we're starting to see competition. I have two hardwired cable companies in my neighborhood. Having the competition has drastically reduced pricing. I only use the cable to get internet and get all my content online.

 

[cernjSHU]

Yet in the united states, water, electric, gas, cable all geo based monopolies

Those are utilities. There have been monopolies that have been broken up. I guess the last big one was AT&T into regional little bells. Amazon is not a monopoly. You can go out and buy almost any product that is on Amazon in a store. That is not a monopoly. A monopoly is when you can't buy a product anywhere else. That one company is the only place you can buy it. Similarly, Apple is not a monopoly. It doesn't even have the biggest market share in any computer or phone. People have a choice. These two companies just seem to be the best choice for many Americans.

 

[Pirata]

Costco is another force. They're into pharmacy, eyeglasses, garage doors vacations, cars, and more. They have a decent online presence.

They are nasty to deal with. My daughter manages a national brand and said that they deal with them only to have the smallest presence possible in their store. Otherwise, The rest of the products are sold through different channels.

I see that with other brands such as Sonos. Sonos sells their speakers but changes the model number to denote that it came through Costco. They don't sell their full product line through them.

same with iRobot.

 

[Pirata]

I personally dont like to be at walmart much, Walton Family, F em

The Walton's built their empire by being smart and leveraging their logistics platform. Their wealth was built before you were born.

I remember they were the first such company to eliminate dead heading. they competed on price which is a difficult thing to do but they did it very successfully. Other than jealousy I don't see a reason why anyone would hate the Waltons.

They provide a great service to a large segment of the public that needs it.

 

[SHUSA]

No.

He has competition. He's just beating them.

so hes taking over lol

 

[HALL85]

so hes taking over lol

And if Amazon gets too big and violates anti-trust laws, then it’s the government’s job to step in. This is how it works.

 

[SHUSA]

And if Amazon gets too big and violates anti-trust laws, then it’s the government’s job to step in. This is how it works.

haha i dont think anti trust laws ever could forsee one company taking over EVERY industry. amazon would be good at risk.

 

[Seton75]

It’s not the governments job to police monopolies and break them up if they create unfair practices?

And when you say f-em, just remember the hundreds of thousands of citizens that Amazon employs and provides healthcare for right here in the United States. F them?

Do you have the same distain for companies that manufacture products in China via child labor? A country that is responsible for withholding information and killing hundreds of thousands of Americans and destroying our economy? I bet you love your swoosh....
[/QUOTE
Saying f 'em is capitalism. YOU do it with every buying decision you make. I buy my pizza from a place in Red Bank and say f'em to the other local guys. I dont do that to spite them, but cause I like the other pizza better - they have earned my business and continue to produce what I want. I buy a book at the Barnes and Noble on Rt 35 cause I like going into a book store and looking around more than I enjoy looking on line. The people working there are dependant on those jobs too. I shop at the store down the street, and not on line. I hope they can stay in business. I see Amazon as a goliath looking to eat up every competitior and having the money to lose hundreds of millions to do so. That doesnt sit right with me.

I buy as little from China as possible, and if I do bring something home, my wife, who is twice as lib as me, will have a few words with me. In other words, I see a thing I need, I look at one, it was made in China, and I say f 'em.

I hope Amazon workers get decent weages and health benefits. They say the working conditions are not good. But if they are the only place to work, tough luck I guess.

 

[HALL85]

FWIW, I don’t buy the stories about Amazon working conditions. We have three large distribution centers in the region and they attract labor that has a HS diploma...pay and benefits much better than comparables. They also do a lot of community work. Whether it’s BS or not, they are publicizing their plans to reduce emissions with electric vehicles. I also like to support stores in the community as much as possible . There is a balance to everything. I was never a mall person...with Amazon, I never have to set foot inside one.

I've stopped buying products from China; we also are sourcing less and have a three year plan to have zero.

 

[NYShoreGuy]

FWIW, I don’t buy the stories about Amazon working conditions. We have three large distribution centers in the region and they attract labor that has a HS diploma...pay and benefits much better than comparables. They also do a lot of community work. Whether it’s BS or not, they are publicizing their plans to reduce emissions with electric vehicles. I also like to support stores in the community as much as possible . There is a balance to everything. I was never a mall person...with Amazon, I never have to set foot inside one.

I've stopped buying products from China; we also are sourcing less and have a three year plan to have zero.

Not sure what your technical prowess is or what vehicles you drive what refrigerator, oven, dishwasher, dryer, washer, power tools you may have but if a component goes bad inside it you are hard pressed to find the replacement component made in usa, most likely korea, china, vietnam, india, mexico

 

[HALL85]

Not sure what your technical prowess is or what vehicles you drive what refrigerator, oven, dishwasher, dryer, washer, power tools you may have but if a component goes bad inside it you are hard pressed to find the replacement component made in usa, most likely korea, china, vietnam, india, mexico

I don’t mind buying from those other countries. China is a different story....that should be obvious

 

[NYShoreGuy]

I don’t mind buying from those other countries. China is a different story....that should be obvious

Ok so what happens when a petty inexpensive part/sensor is only available as made in china?

 

[HALL85]

Ok so what happens when a petty inexpensive part/sensor is only available as made in china?

You’re taking it to an extreme. If I can eliminate 90-95% of products I historically bought from China, that’s material.

 

[cernjSHU]

You’re taking it to an extreme. If I can eliminate 90-95% of products I historically bought from China, that’s material.

Guess you won't be buying Apple products. Or are currently not a Apple person.