As Amazon Increases Domination, Goldman Asks What can’t be bought online?

As e-commerce continues to grow at a rapid pace – and Amazon looks to gobble up the world – Goldman Sachs asks the question: what type of products and services cannot be sold online? From an investing perspective, identifying companies relatively immune to online competition has been fruitful, as they have outperformed their general stock sectors. [munger variation=”moat”] Regulation can protect firms from e-commerce competition In general, there are four themes protecting a business model from online competition. Regulation can be a primary protector for a business model. The need for physical interactions at a pharmacy, for instance, keeps online-only…