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Never once was a de facto antitrust law mentioned that Amazon had violated. Plenty of talk regarding how antitrust laws are weak how they they could apply to Am
by SCAQTony 8y ago
Never once was a de facto antitrust law mentioned that Amazon had violated. Plenty of talk regarding how antitrust laws are weak how they they could apply to Amazon by way of their ability to undercut competitors but that does not really "wash" since 53% of Amazon is third party sellers:
https://www.statista.com/statistics/259782/third-party-seller-share-of-amazon-platform/ https://www.statista.com/statistics/259782/third-party-selle...
Ultimately Being a monopoly is not against the law if the company avoided exclusionary or predatory acts.
- int_19h 8y agoThe whole point of the article is that the definitions of monopoly abuse that underpin our existing laws are not broad enough.