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This would be allowed if Amazon was small. Amazon gets >50% of US retail online sales (by total spend) and it's largest competitor (ebay) is almost 10 times sm
by c2h5oh 7y ago
This would be allowed if Amazon was small.
Amazon gets >50% of US retail online sales (by total spend) and it's largest competitor (ebay) is almost 10 times smaller. Next is Walmart, below 4%.
His company can't afford not to be selling on Amazon and Amazon is strong-arming him into lowering prices from a position of power due to it's market share.
If that's not enough for antitrust laws to apply then what is?
- yowlingcat 7y agoRemember that US e-commerce sales still only account for 15% of total retail spending. That doesn't completely invalidate your point, but I think it recontextualizes it.
- c2h5oh 7y agoI wonder how that number would look like if we excluded food.