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by piva00 1140 days ago
I feel we are entering seriously dangerous territory when someone is defending monopolistic practices because during the time of a monopoly consolidating itself the customers get a brief period of lowered prices that the monopolistic forces use to undercut all competitors.
1 comments

Amazon is not a monopoly, and the second they raise margins they'll lose business to eBay, Shopify, Walmart, Target and others.

Do you think Amazon has 0-5% margins because they're generous or because it's a deliberate strategy to attract and retain customers?

Customers would scramble if Amazon margins were 50%.

Monopolistic practices is the term I used, exactly to not call Amazon a monopoly because they are not one yet. They are engaging in monopolistic practices though (price dumping causing stifled competition, etc.).