Amazon wins a cashless ban carveout
Banned? Photo: Smith Collection/Gado/Getty
In an example of the power of Big Tech, as Philadelphia moved to ban cashless stores, Amazon lobbyists went to work and won a carveout that makes an exception for its Go stores — but still outlaws the competition.
- The loophole permits stores based on membership, like Costco, to go ahead with cashless.
- Amazon managed to slip in with Prime, which allowed it to take advantage of the membership loophole, Councilman Bill Greenlee's office confirmed to Axios.
- Sweetgreen is still barred.
That it wriggled out of the law is emblematic of Amazon's outsized market power, says Stacy Mitchell, a critic of the company and a researcher at the Institute for Local Self-Reliance. "Amazon can walk into virtually any city in this country and tell people what to do."
- Amazon declined to comment.
New Jersey's law has loopholes, too. There, car rentals and parking booths are exempt.
What to watch: The current version of New York's bill to ban cashless does not have carve-outs, so it would impact Amazon Go.