A step too far: Where we aren’t paying attention and we should be
As the daily drumbeat of all political news all of the time continues on, there are many business stories that will most likely have larger, long-term implications. And two of these come to mind.
The first is Amazon’s proposed acquisition of food purveyor Whole Foods for nearly $14 billion (€12 billion) that was announced in June. On the surface, it appears to be another vertical integration/domination play by Amazon by applying the scale-distribution-logistics model that has become an all-too-familiar trope in business news coverage. However, what if this is actually a cover for something that’s NOT working at Amazon?
Overwhelming or overreaching?
In the last technology rise-up and ultimate breakdown was the now incredibly disappointing AOL acquisition of TimeWarner in 2000 for a still jaw-dropping $165 billion (€139 billion). Back in 2000 when this merger was announced, it had all the earmarks of the “new paradigm” of vertical inte