4 ms·
I'm not sure antitrust is the correct rule to apply here, there are many retailers still in the market. I'd be much more happy if they were investigated for pr
by tyfon 7y ago
I'm not sure antitrust is the correct rule to apply here, there are many retailers still in the market.
I'd be much more happy if they were investigated for predatory pricing. That's the real issue with Amazon imoh.
- Tomte 7y agoThat's basically a key difference between America and Europe, how both understand "monopoly" or "anti-trust". You might find https://www.newyorker.com/business/adam-davidson/teddy-roosevelt-wouldnt-understand-the-eus-antitrust-fine-against-google https://www.newyorker.com/business/adam-davidson/teddy-roose... interesting.
- riffraff 7y agoAdditionally, this is an investigation into "anti-competitive practices" by the "competition commissioner". Not into "monopoly" by the "antitrust", the title is misleading.
- gamblor956 7y agoAntitrust isn't actually about monopolies. It's about anti-comptitive business practices. While market share usually matters, there are a number of antitrust violations where market share is irrelevant.