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At This Point, Amazon Can Crush a Company Just By Filing for a Trademark

Amazon is an unstoppable beast, consuming all industries that are ripe for disruption and unfortunate enough to cross its path.

Read more Following Amazon’s bombshell announcement of an agreement to acquire the Whole Foods grocery chain for $13.7 billion, stock prices for competitors in the industry have been seesawing for weeks.

The Street first reported that Amazon Technologies Inc. had filed for a meal-kit trademark that covers “prepared food kits composed of meat, poultry, fish, seafood, fruit and/or vegetables .

ready for cooking and assembly as a meal.” Knowing which stock to target, traders sent the Blue Apron price tumbling.

Blue Apron was already trying to break into a tough business and in its initial prospectus, it said that it had just enough cash and borrowing capacity for at least one year.

READ MORE (Gizmodo)

  • Amazon may be cooking up a home-prep meal kit serviceTechRadar
  • Amazon files for meal-kit trademarks, and Blue Apron shares shrivel in fearful ...Boing Boing
  • Jeff Bezos is out to crush Blue ApronQuartz
  • Amazon meal-kit plans have Apron investors feeling BlueNew York Post
  • Amazon's Meal Kit Move Will Be More Than a Blue Apron CompetitorFortune
  • Get Out Of Blue Apron, But Not Because Of AmazonSeeking Alpha
  • Amazon is already selling pre-packaged 'Meal Kits' as it bites into service ...GeekWire
  • Blue Apron Sinks To All-Time Low As Competition Heats UpThe Inquisitr
  • Amazon could be planning a meal kit service to rival Blue ApronThe Verge

This post first appeared on The 5th News, please read the originial post: here

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At This Point, Amazon Can Crush a Company Just By Filing for a Trademark


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