Race-to-Bottom

Amazon Launches HQ2 Bidding War—238 Cities Compete to Offer Billions in Subsidies

| Importance: 9/10

Amazon announced in September 2017 that it would build a second headquarters (HQ2) equal to its Seattle campus, sparking a bidding war among 238 North American cities desperate to win 50,000 promised jobs. Cities competed to offer the largest subsidy packages—with bids averaging $6.75 billion from …

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