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Raising prices would solve lots of problems for Amazon. They’d lose some market share, reducing the monopoly accusations. Most likely companies are going to fac
by Bucephalus355 8y ago
Raising prices would solve lots of problems for Amazon. They’d lose some market share, reducing the monopoly accusations. Most likely companies are going to face increasing pressure to do something about inequality levels, so maybe a $5 / hour (hopefully more) pay raise for their 28k a year warehouse workers could also be in the store.
- user5994461 8y agoNot sure how many workers would be impacted but it could cost more than a billion dollar per year. Salary is probably is primary expense of Amazon, like any large company.
- scarface74 8y agoAre Amazon's prices really that much lower than Walmart's? I shop at Amazon for the convenience and selection, I rarely do a price comparison. In other words is price really thier competitive advantage? On the other hand, I don't think AWS is the low cost leader for equivalent services. I use AWS because of the breadth of services.
- CamTin 8y agoI'm not a lawyer, but I think if you are accused of being a monopoly, suddenly increasing your prices is a bad legal strategy because it proves you have pricing power, which is the classic sign of a Sherman-style monopoly that regulators like to break up.