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Amazon Minimum Wage Push Aimed at Crushing Competition, Expert Says

February 23, 2021

Amazon’s campaign to have Congress institute a national minimum wage of $15 an hour isn’t as much altruistic as it is anti-competitive, according to labor policy researcher Rachel Greszler. Amazon portrayed its efforts as humanitarian toward “workers in need of a raise” as well as “small businesses that will benefit from increased spending.” But the minimum wage hike would leave many of those workers without any job at all and crush Amazon’s small-business competitors when they’re already struggling, said Greszler, research fellow at the conservative Heritage Foundation. “It just gives them competitive advantage and it forces out the little guys,” she told The Epoch Times. Amazon raised its starting wages to $15 an hour with much fanfare in 2018, nudging other companies to follow suit. But critics accused it of a sleight of hand as the company reportedly slashed employee bonuses and stock rewards at the same time. Recently, with … Read More

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