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> which would make the barely profitable parts of Amazon worse for everyone Would that not benefit the competition? And isn't that a good thing?

• sokoloff 6y ago
  I'm much more sympathetic to arguments about what's good for people (consumers) than I am to what's good for competitors. I think people would be made worse off if Amazon's retail operations were to be made worse (or shut down in the limit case).
  • Chris2048 6y ago
    For Amazons customers, yes - but competing offerings might be better off - by creating a gap in the market that might be filled by more motivated businesses.
  • spaetzleesser 6y ago
    "I think people would be made worse off if Amazon's retail operations were to be made worse (or shut down in the limit case). " Maybe short term but the in the long term I think everybody would be better off with more smaller competitors instead of a few dominant ones. Same for Apple. I don't think their size is good for the economy or technology in the long run.
  • PoignardAzur 6y ago
    Isn't that arguing in favor of unfair competition (specifically undercutting), in a roundabout way?
    • sokoloff 6y ago
      One person's undercutting is another person's competition. There's nothing wrong or anti-competitive about undercutting another retailer. At some point, you can get into anti-competitive predatory pricing or "dumping", but I don't think anyone is credibly arguing that Amazon is dumping product below their cost.