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That sounds pretty terrible but I'm not sure if it relates to Amazon being a monopoly in the usual sense. Ford motor company is huge and may have, for all I kn
by joe_the_user 7y ago
That sounds pretty terrible but I'm not sure if it relates to Amazon being a monopoly in the usual sense.
Ford motor company is huge and may have, for all I know, abusive practices towards it's suppliers. But Ford is certainly in the oligopoly, not monopoly category. Ford could be absolutely the only game in town for a given small or medium sized company but this doesn't mean Ford controls markets on the supplier end, which I believe is the measure of monopoly control.
See: https://en.wikipedia.org/wiki/Monopoly https://en.wikipedia.org/wiki/Monopoly
- riffraff 7y agoisn't that monopsony? I think the situation for Amazon is different that for Ford, but I'd agree it seems `single buyer` rather than `single provider`