4 ms·

Looking forward to it. Amazon will eventually be the only middleman needed for commerce. Consumers will only benefit.

hristov 9y ago
No consumers will not benefit. In a free market economy nobody benefits if they are limited to purchasing from one party only.
- riphay 9y ago
  Couldn't agree more. Reminds me of the concept of the "company store" (https://en.wikipedia.org/wiki/Company_store https://en.wikipedia.org/wiki/Company_store)
  - wmf 9y ago
    But I get 5% back on every purchase that I can use to buy more from Amazon!
stuffedBelly 9y ago
you are essentially saying you are happy about an upcoming monopoly. Consumers will benefit if there are competitions
sushid 9y ago
Consumers never benefit when there's only a single middleman. Have you not heard of robber barons? Or looked at the effects of a monopoly in an economics class?
danmaz74 9y ago
Having only one option very rarely benefits consumers.
shostack 9y ago
Amazon no longer reliably has the lowest price on items, instead relying on the reduced friction of Prime to get people to pay more. Amazon also has questionable quality and reliability these days with co-mingled inventory, 3rd party sellers, and reviews that are impossible to determine the authenticity of. Please enlighten me as to how "consumers will only benefit."
Lordarminius 9y ago
I sincerely hope you're being satirical.
rangersanger 9y ago
Yes, I'm sincerely grateful for their benevolence. Bless Bezos for providing me this opportunity to purchase my medicine from him.
camus2 9y ago
Monopolies rarely profit the consumer, but hey, "Welcome to our new overlord Bezos." ...
srathi 9y ago
Looks like the sarcasm is lost here. I assume you were being sarcastic!
- Fej 9y ago
  Poe's Law is kicking in pretty hard right about now.
- stuffedBelly 9y ago
  ah I see. Didn't think it was sarcasm at first because there are definitely people around me who think that's a good idea, e.g. all my friends who work at Amazon

No consumers will not benefit. In a free market economy nobody benefits if they are limited to purchasing from one party only.

riphay 9y ago
Couldn't agree more. Reminds me of the concept of the "company store" (https://en.wikipedia.org/wiki/Company_store https://en.wikipedia.org/wiki/Company_store)
- wmf 9y ago
  But I get 5% back on every purchase that I can use to buy more from Amazon!

stuffedBelly 9y ago

you are essentially saying you are happy about an upcoming monopoly. Consumers will benefit if there are competitions

sushid 9y ago

Consumers never benefit when there's only a single middleman. Have you not heard of robber barons? Or looked at the effects of a monopoly in an economics class?

danmaz74 9y ago

Having only one option very rarely benefits consumers.

shostack 9y ago

Amazon no longer reliably has the lowest price on items, instead relying on the reduced friction of Prime to get people to pay more. Amazon also has questionable quality and reliability these days with co-mingled inventory, 3rd party sellers, and reviews that are impossible to determine the authenticity of. Please enlighten me as to how "consumers will only benefit."

Lordarminius 9y ago

I sincerely hope you're being satirical.

rangersanger 9y ago

Yes, I'm sincerely grateful for their benevolence. Bless Bezos for providing me this opportunity to purchase my medicine from him.

camus2 9y ago

Monopolies rarely profit the consumer, but hey, "Welcome to our new overlord Bezos." ...

srathi 9y ago

Looks like the sarcasm is lost here. I assume you were being sarcastic!

Fej 9y ago
Poe's Law is kicking in pretty hard right about now.
stuffedBelly 9y ago
ah I see. Didn't think it was sarcasm at first because there are definitely people around me who think that's a good idea, e.g. all my friends who work at Amazon