Uber has never once turned a profit, and is allowed to continue running their business. If you’re a small business owner running an ebay or ecom business, and you claim losses for 3 out of 5 years in a row, it’s likely that the IRS will audit you, and could deem you a hobby. Amazon is often cited as not generating a profit for many years, but is now profitable. For them, it was somehow okay to run a business making no profit! So like, how come small businesses can’t claim losses, but big corps can?

  • ipkpjersi@lemmy.ml
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    4 months ago

    Because big corporations are better at paying off governments than smaller businesses.

    • OmegaLemmy@discuss.online
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      4 months ago

      Governments aren’t the ones paying big tech, they protect monopolies if that’s what you mean. Even then that’s dubious with what’s happening recently in europe and America