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Corporate Welfare Is Amazon's Latest Competitive Advantage


Corporate Welfare Is Amazon's Latest Competitive Advantage

You could call it "The Corporate Bachelor" or the Amazon (NASDAQ: AMZN) Olympics. 

The e-commerce giant announced earlier this month that it was opening its search for a second headquarters, dubbed HQ2, to match its Seattle base, saying it expects to invest $5 billion in said facility over the next decade, and hire 50,000 people for high-paying jobs. 

Amazon asked local and state governments to respond to its Request for Proposal. Now, cities big and small are lining up to grovel at the feet of CEO Jeff Bezos.

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Source: Fool.com

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