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You’re describing a monopoly and the proper tool to deal with it is anti-trust, not entrenching it by pretending it’s a public utility.
by bongobongo 7y ago
You’re describing a monopoly and the proper tool to deal with it is anti-trust, not entrenching it by pretending it’s a public utility.
- notJim 7y agoWhat would that look like though? If consumers wanted to go to 20 different stores to shop online, they'd already be doing that.
- twblalock 7y ago> What would that look like though? If consumers wanted to go to 20 different stores to shop online, they'd already be doing that. They do. Amazon accounts for about 47% of online retail. The rest is divided up among a bunch of other sites.
- bongobongo 7y ago47% of online retail. But they also own a grocery store chain, have their own brick and mortar stores, operate distribution centers, provide much of the world’s cloud computing, own and operate a Hollywood studio, etc. That’s just what I can think of off the top of my head.
- deleted 7y ago[deleted]