Amazon's Monopsony Is Not O.K.

Krugman: How Amazon Hurts America
Economy Nobel winner, Paul Krugman, participates in a debate on expenditures and investments for the economy growth, promoted by Exame magazine, at Unique hotel, in southern Sao Paulo, Brazil, on September 14, 2012. Photo: MISTER SHADOW/AE/AE
Economy Nobel winner, Paul Krugman, participates in a debate on expenditures and investments for the economy growth, promoted by Exame magazine, at Unique hotel, in southern Sao Paulo, Brazil, on September 14, 2012. Photo: MISTER SHADOW/AE/AE

Amazon.com, the giant online retailer, has too much power, and it uses that power in ways that hurt America.

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