4 ms·

Oh definitely, if you ignore the whole monopoly aspect.

• dmoy 6y ago
  Doesn't Amazon have like less than 40% of US online retail, and less than 10% of US retail total? I guess rephrasing, what's the definition of monopoly here?
  • jcheng 6y ago
    Monopoly is the wrong word but I think Elizabeth Warren made a good case for why similar regulation is needed for very large, powerful platforms today (regardless if you agree with her proposed solution). https://www.theverge.com/2019/3/9/18257965/elizabeth-warren-break-up-apple-monopoly-antitrust https://www.theverge.com/2019/3/9/18257965/elizabeth-warren-...
• dhruvkar 6y ago
  I see this argument a lot for Amazon. monopoly: the exclusive possession or control of the supply of or trade in a commodity or service. Aren't suppliers free to start their own store, drive traffic to it and make money? Aren't suppliers free to list their products on Amazon, Ebay, Craigslist, Etsy, Shopify etc.? How is this considered a monopoly? I'm actually interested in an answer. I might be missing something.
  • Spivak 6y ago
    I think the strongest case I could make is that the advantage of stores like Amazon (and Target) is customer acquisition. They're where customers go to discover products and comparison shop. The limited resource they control is the supply of customers who are there to buy a specific type of good. And buy favoring certain products they can choose the winners/losers in this game and edge their own products in.