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> If they are reducing competition, they are hurting consumers. Not if they are reducing competition by virtue of causing less-competitive businesses to lose m
by dodobirdlord 7y ago
> If they are reducing competition, they are hurting consumers.
Not if they are reducing competition by virtue of causing less-competitive businesses to lose market share. I feel like there's some cart-before-horse going on in your perspective on this. Competition is wonderful. Competition is amazing. Competition is good for consumers because competitive businesses drive less competitive businesses out of business. Amazon is a perfect example of everything we want to see, panning out in just the way we want. Amazon has materially raised the bar of customer satisfaction, and if Amazon's competition wants to stay in business, they will have to do even better. I look forward to seeing what they come up with!