![]() ![]() 2022-23 Panini Monopoly Prizm Basketball Set DetailsĬhecking in with a much smaller lineup compared to the standard Prizm NBA release, 2022-23 Panini Monopoly Prizm Basketball has 90 cards in the base set. While this marks the first Monopoly collaboration for Panini, Upper Deck previously issued 2001 baseball cards as part of limited Mets and Cardinals Monopoly sets. Panini also issued online-exclusive iCollect Blasters directly from their website. ![]() It will be available from additional retailers starting in August. ![]() The product line officially releases at Target on April 16. The exclusive cards arrive in the official Monopoly Prizm NBA Edition board game ($39.99) and in Blaster-style Booster boxes ($29.99). It added that “the relief the AG seeks would force Amazon to feature higher prices to customers, oddly going against core objectives of antitrust law.Game night just got more interesting for NBA card collectors thanks to 2022-23 Panini Monopoly Prizm Basketball. “Merchants must agree not to offer lower prices elsewhere - including competing sites like Walmart, Target, eBay, and, in some cases, even on their own websites,” Bonta said in a statement.Īmazon argued that the state had it “exactly backwards” in an emailed statement. California Attorney General Rob Bonta said Amazon's rules keep prices artificially high. 14, alleging the company violated antitrust law by requiring merchants to enter into agreements that penalize them if they sell their wares more cheaply on other websites. The opinions expressed are her own.)Ĭalifornia filed a lawsuit against on Sept. (The author is a Reuters Breakingviews columnist. But in the longer run, either California has it exactly backwards, or Amazon’s shareholders do. That’s not much use for Amazon’s political detractors as they try to hang lawsuits on what the company does now rather than what it might do later. The premium valuation, though, is an implicit reflection of the company’s potential market power. e-commerce market.Īmazon’s revenue is nowhere near there yet. ![]() If two-thirds of that comes from North America, it’s equivalent to Amazon capturing 75% of the U.S. Start with that as a reasonable multiple for Amazon once it reaches maturity, and it’s as if investors are saying that the company can generate upwards of $1.1 trillion in sales. Rivals Walmart and Target both trade at under 0.9 times revenue. But there’s another way of thinking about it. Such a valuation is more than double Amazon’s retail sales last year. Valued at the same 6 times revenue as Oracle (ORCL.N) read more, that division would have an enterprise value of $370 billion, leaving the retail business at close to $1 trillion. One way to value the retail part of Amazon is to strip away the more profitable cloud business, Amazon Web Services. That’s valid in that antitrust has tended to focus on consumer prices.Īmazon’s dominance in e-commerce may attract foes, but it also confers a premium stock price. Amazon, meanwhile, argues that forcing it to showcase products at higher prices would be antithetical to antitrust regulatory goals. 14 blames Amazon for punishing retailers who list products for a cheaper price elsewhere, like Walmart (WMT.N) or Target (TGT.N) read more, saying this effectively sets a price floor for goods. Whether California prevails or not, investors have already granted Amazon a market valuation fit for a monopoly. NEW YORK, Sept 19 (Reuters Breakingviews) - (AMZN.O) says the idea it’s illegally squeezing its merchants is “exactly backwards." California Attorney General Rob Bonta last week accused the company started and chaired by Jeff Bezos of violating antitrust law, in the $1.3 trillion e-commerce giant’s biggest legal challenge yet. ![]()
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