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The argument isnt that they are a monopoly, its that they are either violating antitrust law, or antitrust law is currently unsuited to handle what amazon is do
by basch 7y ago
The argument isnt that they are a monopoly, its that they are either violating antitrust law, or antitrust law is currently unsuited to handle what amazon is doing. People just mistakenly use the word monopoly to mean antitrust or anticompetitive. It's also less about amazon just being an ecommerce box store, and more about having captured aspects of horizontal and vertical integration across many markets.
https://www.yalelawjournal.org/note/amazons-antitrust-paradox https://www.yalelawjournal.org/note/amazons-antitrust-parado...
>Amazon is the titan of twenty-first century commerce. In addition to being a retailer, it is now a marketing platform, a delivery and logistics network, a payment service, a credit lender, an auction house, a major book publisher, a producer of television and films, a fashion designer, a hardware manufacturer, and a leading host of cloud server space.
Amazon is Microsoft, Sony, Visa, Fedex/UPS, Disney, GAP, and Walmart rolled into one.
- cwhiz 7y agoAmazon isn’t even as large as Microsoft. What an absurd statement.