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A monopoly means you are the exclusive provider of something. Amazon has a ton of competition. People are CHOOSING to use Amazon because they are the best at wh
by saas_sam 8y ago
A monopoly means you are the exclusive provider of something. Amazon has a ton of competition. People are CHOOSING to use Amazon because they are the best at what they do, for now. It's convenient. There is NOTHING stopping you from using boutique websites, Target.com, your neighborhood supermarket, or whatever you want. You choose Amazon because they are the cheapest, fastest, and easiest to work with. That is not a monopoly.
- notyourwork 8y agoPeople always seem to conflate winning and monopoly which is false.
- 908087 8y agoIf Amazon achieve their goal, you won't have the option of going to your neighborhood supermarket.. because it will have either been run out of business or acquired by Amazon.
- fastball 8y agoAnd we can have that discussion then. When Amazon is actually a monopoly. Until then, they're not. And being good at business is not a problem.
- 908087 8y agoThe problem is that those who defend Amazon will continue claiming it "isn't a monopoly" as long as there's so much as a single person selling 5 widgets per year on the internet, reducing Amazon's market share to only 99.9999999999999%. "See, they still have competition!"