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by kmlx
2029 days ago
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nothing misleading about my comment. it’s not all retail. it’s retail minus auto sales, travel etc etc basically anything that amazon doesn’t sell. they have 5% of that pie. offer a rebuttal if you can instead of attacking the commentator personally next time you leave a reply on this website. i was actually curios as to why you considered it a monopoly when in fact the numbers are against you. |
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1. Monopoly (in law and in practice) is not just defined by what percentage of the pie they have; it's also about what power they have and what non-competitive behaviours they can and do engage in.
Claiming that Amazon is not a monopoly based on the technicality that they don't have 100% of all retail is an irrelevant claim.
2. It's possible to estimate Amazon's "addressable retail" in 2019 as a whole number percentage - that is already huge. There are few companies with that percentage in much smaller sectors.
3. You put it in competition with Bricks and Mortar stores in order to get to this figure, which makes your figure artificially low.
4. I understood your figures were from a 2019 estimate, although they were unsourced. Amazon revenue has been growing exponentially. There's now a pandemic on. Year-on-year sales have increased something like 50%.