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Manhattan Moment: Why Obamacare wishes it was Amazon

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Amazon has one of the most peculiar business models out there. For much of its history, it has barely turned a profit, even as revenues have skyrocketed (along with its share price). The underlying story is fairly simple, though – Amazon’s value comes from the company’s innovation and ability to capture ever larger market shares of most segments of its business. Early in Amazon’s history,...

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