[echelon]

Monopolists are going to downvote you, but they're wrong.

These megacorps shouldn't be allowed to enter fifteen different industries and kill off the incumbents. This is absurd.

Amazon is internet services infra, shopping, logistics, fulfillment, consumer hardware, networking, a payments stack, publisher, grocery store, and now a fucking entertainment company.

They track us, turn us into non-owner subscribers, and prevent us from building companies that can compete with their scale. We're eternally subservient. It's not healthy for innovation!

Break up Apple.

Break up Amazon.

Break up Google.

[ipsum2]

> Amazon is internet services infra, shopping, logistics, fulfillment, consumer hardware, networking, a payments stack, publisher, grocery store, and now a fucking entertainment company.

How many of these do they have a monopoly on? Keep in mind, the definition of monopoly is: "the exclusive possession or control of the supply of or trade in a commodity or service."

[echelon]

They can enter new industries well below market cost and destroy all of the existing businesses. They then soak up everything. In the end, everything becomes Amazon.

They did it to open source, bookstores, retail.

Maybe you don't see the end goal, where every restaurant is Amazon and you rent your home from Jeff Bezos?

Maybe you're not worried and you trust these people?

Maybe you don't want to compete and you just want to be an employee?

I don't know. But this is wrong. You can't compete with this, you're forced to work with it. It decreases degrees of freedom and angle of attack for everyone else.

From Amazon's perspective, their moat becomes an ocean. That's hard to swim in.

[throwaway67114]

Why the downvotes. A mobile operator named Jio did this in India.

[echelon]

Amazon employees and shareholders.

[dang]

Please follow the rules. You broke them here.

https://news.ycombinator.com/newsguidelines.html

[kuang_eleven]

They are the dominant player in only a few of those, and even in those dominant markets, they are far from a monopoly.

Now, if they use a dominant position in one industry to gain advantage in another, that is a different story, but also a harder thing to show.

[cannaceo]

The only companies they're competing against are also monopolies.

[subsubzero]

Competition is great(for innovation, pay, creativity) anything that interferes with competition, is a bad net for society and good for a very small number of incumbent players.

[echelon]

Except that the biggest company buying up other players is highly anticompetitive?

[diab0lic]

I don’t think subsubzero was disagreeing with you. Their comment reads like it is supporting you.

[walshemj]

But all those rich news paper /media moguls get a pass then