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Economy

Dear Bahraini Merchant, Your Meal from the Biggest Grouper Is Coming

By Mr. Ahmed AlAali·August 2018·4 min read
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Borders, RadioShack and Toys R Us branches were spread across cities and supported millions of people, employees, suppliers and drivers, yet they could not withstand the giant.

Thousands of companies left the market, and with every bankruptcy the wealth of Jeff Bezos, founder of Amazon, kept growing until he became the richest man in the world, with a fortune estimated at 131 billion dollars.

What will result from money, trade and suppliers leaving the local market?

Which sectors will be harmed and collapse?

What will the economy look like, and who will be affected? Will any of our merchants be spared?

Because Amazon is an octopus with many arms, it was not content with being a link between seller and buyer. Gradually it became the seller itself and entered many fields, even selling food and more.

Amazon in the local market is something to be glad about in the short term, but catastrophic in the long term unless the claws of the predatory giant are trimmed! Our markets will be torn to pieces.

From behind the scenes... did you know that Amazon's first investments in Bahrain are building three power stations, each costing three million Bahraini dinars, to supply the company's servers with the power they need? So where are you, merchants?!!

While the state tries to reduce money transfers abroad, cash leaking to Amazon will hurt twice as much, because it will create unemployment and promote consumerism at the expense of production.

So rejoice, Bahraini merchant... rejoice at what is coming... you will be eliminated. Move now and say no... and give the Chamber of Commerce its share of responsibility for defending your interests, and let small matters be the last thing that occupies you and it.

What if all the suppliers left the market after the merchants left, and only one supplier remained, one bought by the biggest grouper?!

Will you be assured of stable prices after his domination? You are a consumer just as you are a merchant.

Then it will be hard to stop Amazon from exploiting the consumer's need and making huge, greedy profits. Pharmaceutical companies do it every day, multiplying their prices thousands of times after a monopoly.

I offer you a link to an article about the debate going on in Sweden over allowing Amazon into their markets, and their prediction that death is coming for them and their markets at the hands of the biggest grouper... the Amazon.

[Link](https://nordic.businessinsider.com/were-all-dead---amazon-is-launching-in-sweden-within-12-months-according-to-top-executive-2017-10/)

Trump resorted to imposing import duties on steel to protect the interests of American steel manufacturers. I hope similar duties are imposed on Amazon to keep the local economy in the competition.

India... looks at Amazon's entry into its markets as an invasion and is preparing for the battle, because an economic invasion is more dangerous than a military one! It threatens the state's independence and productivity.

Amazon's crushing policy relies on smashing prices. The people will not resist the temptation to save, even if it means the bankruptcy of national shops and exporting our dollars to Jeff.

Amazon's monopolistic methods, by offering products at lower prices than its competitors, led to the bankruptcy of giants with hundreds of branches and thousands of employees, but Amazon crushed them.

So rejoice, Bahraini merchant, for the biggest grouper is coming and your meal is big...

I advise everyone to join together. It is the only way to stand firm. Let us drop the theorizing, for it is the gate to destruction and the closing of our businesses. Let us form huge trade blocs, each in his own field. Whoever finds himself interested in this subject should contact me, for the ideas are many, but we must move from now.

Your brother and well-wisher, Ahmed AlAali

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