[save_ferris]

> When you look at Rockefeller, Carnegie, Ford, and perhaps even Gates, they had near total control over some aspect of the American Economy

According to TechCrunch[1], Amazon controls 49% of the entire e-commerce market, and 5% of the entire retail market overall. They're also in a position to jockey for even more market share as retail continues to move online.

Amazon is in the perfect position to completely own e-commerce, so it's quite possible that we're just early in making our comparison.

[1] https://techcrunch.com/2018/07/13/amazons-share-of-the-us-e-...

[stickfigure]

49% could be the high-water mark; we don't know yet. If Amazon doesn't get a grip on the counterfeit product problem, sales could plummet. The switching cost to a new retailer is low.

[mistermann]

> 49% could be the high-water mark; we don't know yet

As could have been 25, 26, 32, 35, 37, etc

If you were a betting man, would you bet 49% is a high water mark?

[sushid]

But Amazon's war chest is near infite. Jet had half a billion in funding but was barely making a dent (while bleeding money) against Amazon and its unprofitable for anyone else pricing. Amazon barely makes a profit with their streamlined system so how can anyone compete with that.

And we've seen what they can do when a competitor emerges like diapers.com. They bury them in the ground Walmart of the 90s style.