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> For what it's worth a company that is valued at between 1.5 and 2 trillion usd has to come with evidence of how it isn't a monopoly/abusing its monopoly posit
by huitzitziltzin 5y ago
> For what it's worth a company that is valued at between 1.5 and 2 trillion usd has to come with evidence of how it isn't a monopoly/abusing its monopoly position,
There is no good evidence I'm aware of which suggests that Amazon is a monopoly or anything like one in any market I'm aware of: certainly not in retail to consumers, nor in AWS (to pick a frequent target of criticism that I see on this site). If you have evidence which suggests Amazon is a monopolist in some market it competes in, please cite it.
Amazon is large because it is successful. It is successful because it generally offers products cheaply and delivers them quickly. Period.
That is exactly the case that you do not want antitrust law to punish. Antitrust should preserve competition while not punishing successful firms.
It is indeed true that one way to become valuable is to acquire a monopoly position in a market. That is not the only way. And it is not the way that Amazon has become such a valuable company.