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by AlgorithmicTime 3755 days ago
Everyone keeps saying that Amazon has a secret evil plan to become THE source for everything and then jack up the prices, but no actual evidence of this ever happening.
2 comments

"Secret evil plan"? That's the very open and natural thing for any monopoly to do. It has been done by monopolies time and again.

Amazon just haven't reached that status in most areas yet.

And where it has, e.g. books, it already used its power to manipulate producers and the market in its favor. Siphoning millions for selling books below what you pay for them is not some kind of marketing trick, it's anti-competitive behavior meant to kill less loaded rivals...

It's not a secret evil plan. It's quite obvious, and such techiques are well known (and forbidden actually).

https://en.wikipedia.org/wiki/Dumping_(pricing_policy)