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by gowld
2610 days ago
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That's ridiculous. There is no law that mandates consumers get a specific percentage of the economic surplus. Amazon is worth about a trillion dollars. Amazon has 100 million prime customers, not to mention all the non Prime customers. With these very generous assumptions NOT in Amazon's favor, $10K equity per prime customer is totally on par with the amount of lifetime consumer surplus a Prime customer enjoys thanks to Amazon existing, possibly in gasoline and shipping savings alone! Amazon probably does anti competitive things, and competing vendors and their low skill employees and contactors maybe earning less, bit it's laughable to claim that customers are suffering. |
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