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by ngokevin 2210 days ago
One issue is they run a marketplace platform where they also sell and push their own products on that platform. People sell products on the platform, Amazon gathers data, and eventually undercuts them out. They can exploit their 50% market share on top of control of the platform to make it almost impossible to compete in many product areas. Not a monopoly perhaps in the definition, but extremely suffocating.
2 comments

It is only in Silicon Valley and tech circle this manage to blow up as a big deal. When literally every single Retailer has been acting the same with their private labels for decades.

The game has been exactly the same whether it is online or offline. You are simply swapping form Nationwide Stores to Nationwide Logistics.

So like every other big retailer? Like Walmart, Costco and many others?
The problem for these people seems to be that Amazon does it far more effectively than other retailers, which isn't really a "break them up now!" kind of argument lol.