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Amazon is nowhere near a monopoly in retail. Walmart does almost double their sales.
by toasterlovin 7y ago
Amazon is nowhere near a monopoly in retail. Walmart does almost double their sales.
- jiveturkey 7y ago? neither parent nor GP said they were.
- toasterlovin 7y agoGP says, "When you get as big as Amazon is". The only scenario in which the size of a company has a bearing on which laws apply to them is if the business is a monopoly.
- Xelynega 7y agoThis is false. Amazon doesn't have the same rules as most companies, they have cities paying them bribes to put a headquarters in them.
- toasterlovin 7y agoMany large companies try to extract concessions from cities in this manner. Sports franchises are notorious for this, despite being much smaller than Amazon.
- zer00eyz 7y agoThis has been going on since the 80s in my first hand experience. Im sure longer than that as well.
- zamfi 7y ago> The only scenario in which the size of a company has a bearing on which laws apply to them is if the business is a monopoly. I'm sorry but this is not true. There are tons of labor laws, just to give one example, that depend on how many employees a company has.
- toasterlovin 7y agoAren't the labor laws discriminating at a scale that is several orders of magnitude smaller than Amazon, though? The implied context in the GP is that they're talking about Amazon's size as opposed to, say, Target or Walmart.
- zamfi 7y agoSure, but I was using labor laws as an example to show that there exists precedent to discriminate based on company size. Further, GP also claims that “being a monopoly” is the only scenario in which size matters, but monopoly power is not about overall company size — it’s about market dominance. You can be a (relatively) small company and still exert complete dominance in a market, and engage in anti-competitive behavior that will attract regulatory scrutiny.
- Dylan16807 7y ago"Need to come under closer scrutiny" is not based on the exact details of current legal enforcement.
- mantap 7y agoWhy consider brick and mortar retail and ecommerce to be the same space? They are quite different businesses.