5 ms·
"Dominant market position" would be something like more than 90% of retail sales. Clearly, their market share is nowhere near that. I don't really get why ever
by repolfx 7y ago
"Dominant market position" would be something like more than 90% of retail sales. Clearly, their market share is nowhere near that.
I don't really get why everyone is bashing Amazon here. They sell a lot of stuff, and they sell it well. By the very act of selling they get data on what is being sold - what kind of retail business could last more than 12 hours without knowing data about its own sales operations?
But apparently in the EU that's now illegal. Or more realistically, it's illegal if you're rich enough to pay huge fines directly into the pockets of the EU Commission, which is desperate for money and can directly levy fines without needing to win a court case in front of a neutral judiciary.
- gamblor956 7y agoNo, at that % they would be a de facto monopoly. Dominant generally means >50%, though depending on the market it could be an even letter percentage than that. I'm not bashing on Amazon, I'm a regular customer. But I'm trying to explain how antitrust generally works. EU has more rigorous antitrust rules than the US. If Amazon has antitrust issues under US laws, then it has a serious antitrust problem under EU laws.