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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.54+0.6%2:22 PM EST
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To: Bill Harmond who wrote (31616)12/29/1998 4:55:00 PM
From: Peter J Hudson  Read Replies (2) of 164684
 
William,

Please explain what Amazons established franchise is and how it constitutes a barrier to entry.

Franchise:

1 : freedom or immunity from some burden or restriction vested in a person or group
2 a : a special privilege granted to an individual or group; especially : the right to be
and exercise the powers of a corporation b : a constitutional or statutory right or privilege;
especially : the right to vote c (1) : the right or license granted to an individual or group
to market a company's goods or services in a particular territory; also : a business granted
such a right or license (2) : the territory involved in such a right
3 a : the right of membership in a professional sports league b : a team and its operating
organization having such membership

Please give your definition of "franchise"
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