4 ms·

So what about Walmart who does double Amazon in revenue AND has their own private label brands? They have so much retail power they are known to get manufacture

So what about Walmart who does double Amazon in revenue AND has their own private label brands? They have so much retail power they are known to get manufacturers by the balls and make manufacturers accept the cost they want instead.

basch 8y ago
or Costco? $130B in revenue and I dont hear clamor for Costco to be split from Kirkland. By this logic Apple shouldnt be allowed to have Apps in its App store, right? Or are they banned from selling first and third party phone cases in store? CVS shouldnt be allowed its own generic drugs. At what point does this become "companies arent allowed to make/sell their own products if they also resell other companies products." And lets be serious: you want to take away Google's ability to choose the ranking of results? Thats their entire company's purpose. People go to google because they like the order the results come in. If google starts delivering bad results, that opens opportunity for other companies.
- tokyodude 8y ago
  > Warren's team said that the proposal would also apply to Apple. "They would have to structurally separate -- choosing between, for example, running the App Store or offering their own apps,
Despegar 8y ago
Since multiple people are asking this: it would apply to Walmart and Costco under her proposal because they both have $25B in revenues. This is just the first step in a new conversation about confronting monopoly in America. There hasn't been a bill written yet.
bitcurious 8y ago
Walmart isn't a platform (excluding Jet.com). They purchase goods (take on risk) prior to selling them. Amazon is a marketplace meaning the seller takes on all of the risk and pays Amazon for the privilege. Amazon then uses the data that marketplace generates to undercut the sellers with their private labels.

4 ms·

So what about Walmart who does double Amazon in revenue AND has their own private label brands? They have so much retail power they are known to get manufacture

by delfinom 8y ago

basch 8y ago
or Costco? $130B in revenue and I dont hear clamor for Costco to be split from Kirkland. By this logic Apple shouldnt be allowed to have Apps in its App store, right? Or are they banned from selling first and third party phone cases in store? CVS shouldnt be allowed its own generic drugs. At what point does this become "companies arent allowed to make/sell their own products if they also resell other companies products." And lets be serious: you want to take away Google's ability to choose the ranking of results? Thats their entire company's purpose. People go to google because they like the order the results come in. If google starts delivering bad results, that opens opportunity for other companies.
- tokyodude 8y ago
  > Warren's team said that the proposal would also apply to Apple. "They would have to structurally separate -- choosing between, for example, running the App Store or offering their own apps,
Despegar 8y ago
Since multiple people are asking this: it would apply to Walmart and Costco under her proposal because they both have $25B in revenues. This is just the first step in a new conversation about confronting monopoly in America. There hasn't been a bill written yet.
bitcurious 8y ago
Walmart isn't a platform (excluding Jet.com). They purchase goods (take on risk) prior to selling them. Amazon is a marketplace meaning the seller takes on all of the risk and pays Amazon for the privilege. Amazon then uses the data that marketplace generates to undercut the sellers with their private labels.