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This is not what the parent is talking about. Amazon has a virtual monopoly over online buying and selling, with even other sellers having to sell their product
by csb6 7y ago
This is not what the parent is talking about. Amazon has a virtual monopoly over online buying and selling, with even other sellers having to sell their products on Amazon to reach customers.
What does Amazon do with these third-party sellers? It uses the sales data that Amazon collected for them to create cheaper products with Amazon branding, which are then suggested ahead of the third-party products. This is blatant anti-competitive behavior; effectively no one can compete with Amazon’s online marketplace - not even the people in that marketplace.
- tracer4201 7y agoWhat’s your source on Amazon using sales data to stifle competitors? I’ve read this claim a lot but haven’t seen any clear evidence. What prevents these folks who fund all the unicorns from starting their own Amazon competitor? You made a pretty bold claim that nobody can compete with Amazon, but it’s not even clear how anyone is forced to use Amazon or sell on its website. Literally nothing prevents you from standing up your own website and selling items. Consumers in most of the US can decide for or against shopping on Amazon, although many rural places have no options at all other than WalMart or Dollar General in terms of physical stores. There’s literally nothing Amazon offers that you can’t get from a competitor, and often times at a better price in my experience.
- csb6 7y agoThis is missing the point. Amazon is acting anti-competitively towards the sellers currently using its platform. That is the problem, not that businesses could potentially set up their own sites. The conflict of interest is the problem; Amazon undercuts its own competitors using their data. Maybe it is a better decision for a given business to not sell in Amazon. But that doesn’t make Amazon’s behavior any less anti-competitive. Many small-time sellers have no way to reach a large market without using Amazon to reach customers. Most people don’t go to smalltimeseller.com to buy stuff; for a large portion of consumers, online shopping is synonymous with Amazon. Here’s source about the undercutting claim https://www.wsj.com/articles/SB10001424052702304441404577482902055882264 https://www.wsj.com/articles/SB10001424052702304441404577482...
- sequoia 7y ago> This is blatant anti-competitive behavior; Agreed. So take them to task via the law/regulation, and stop giving them your money! Seek out the product website, pay the extra shipping to order right from the seller, buy the TV at best buy etc. etc. If you want other markets to be viable, it will certainly help if you put your money into them. I really don't see why people think they can't resist Amazon's hegemony both in the political arena and with their wallets.