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That's just far from being a monopoly. I subscribe to Amazon because I've always got an excellent service. I also buy on Ebay, Craglist, Walmart and diverse re
by forgithubs 5y ago
That's just far from being a monopoly. I subscribe to Amazon because I've always got an excellent service.
I also buy on Ebay, Craglist, Walmart and diverse retailers that are entering the eCommerce game.
The thing here is that markets take longer to work but if you look around, there is plenty of competition.
- diffeomorphism 5y ago> That's just far from being a monopoly. Correct, but besides the point. The relevant laws are not just about monopolies. >but if you look around, there is plenty of competition. Also correct, but again not really relevant.
- forgithubs 5y agoI guess it is relevant to the "Amazon is an evil and monopolistic organisation" theme. Maybe not relevant for the lawsuit specified in the report, they are certainly entitled to sue for any reason. But the classic theme still show its nose. On an other note, if amazon has 128 million prime subscribers and they like the service, it is something politicians need to be aware if they still want to be elected.
- matsemann 5y agoMany other comments here in addition to yours fail to grasp that one doesn't have to have a literal 100% monopoly to show monopolistic behavior that leaves the customers as a whole worse off. Like this article says, prices are increased across the board because of how Amazon acts.
- forgithubs 5y agoDon't paint amazon subscribers as victims here. I am entirely satisfied of the time saved and the cost of Amazon products I buy. The yelling comes from the Amazon sellers side, not from the customers. There is plenty of competition for me to shop around, and if there are none, I'd rather buy from Amazon as I trust that they reduce the costs , fees and taxes effectively. I would argue that the government should do less and not more. If they really want competition to grow, they could stop charging capital gains on every item a seller flip. For example, when I was selling on Ebay, after the platform fees, the shipping fees, and the government taxes, it's just not worth it to enter the sector as a small guy.
- matsemann 5y agoYou're kinda proving the point here. If it weren't for Amazon's behavior, you could have gotten a better/cheaper service. But you can't, as the prices are raised across the board. And the true cost is hidden from you.
- forgithubs 5y agoI don't we are there yet. I buy plenty on eBay because it is cheaper than amazon.
- ClumsyPilot 5y ago"Don't paint amazon subscribers as victims here. I am entirely satisfied" My grandma recently bought some snake oil and she's been very happy with it, apparently it prevents health issues with blood pressure - ehich she never had to begin with. She also invested in a monorail company registered in mongolia. Just because you are happy does not mean you have not been amused/mislead/defrauded.
- forgithubs 5y agoIf you are a client and have really bad service, you don't come back. Are you a client and subscriber of Amazon ?
- ClumsyPilot 5y agoThank you for toally missing the point
- takeda 5y agoIf you're happy, all power to you, not everyone else is. Amazon is essentially doing the same thing credit card companies did in the past. To hide their cost they are increasing everyone else's cost. Their approach primarily hurts people that DO NOT want to shop at Amazon.
- lukifer 5y ago
- davoneus 5y agoThey are a monopoly and are being accused of being so because their mandatory policies forbid the merchants from selling that product anywhere else cheaper than Amazon. This means that if I buy the product from say Walmart or Target, then I am paying 25 to 35% more for it. This is because the merchant cannot list it anywhere else cheaper than they list it on Amazon. That is a clear violation of monopoly laws and I applaud that AG for his efforts to abolish these "most favored nation" status agreements.
- forgithubs 5y agoNothing stops walmart to enter the market and cut the price off 25% to 35%. And the buyers will move towards it.
- CyberDildonics 5y agoYou were already told that that is literally not true and exactly what the lawsuit is about.
- ImprovedSilence 5y agoIve def noticed Amazon becoming more and more of rip off. I cant even find things for less than $10 anymore. There are numerous items I’ve looked into buying from them, but it’s priced at $12 on Amazon, where i could walk into a target or Wally World and get it for $5... I haven’t found any sites where I can get cheaper small items anymore. I’m up for suggestions for other online retailers.
- monoideism 5y ago> Ive def noticed Amazon becoming more and more of rip off. Yes, and more and more counterfeit goods. They must feel really confident with their market position (ie, monopoly), because they just don't seem concerned about counterfeit products.
- jonplackett 5y agoI wonder how long the momentum will run on this working. There’s still a lot of earned assumption that Amazon is a competitive price. I’ll usually let a slight increase in price slide for the convenience, but I’m always looking for a reason not to use Amazon if I can - and a rip off price is a good trigger for me to be patient and get the product next week with a smaller shop.
- as300 5y agoI think this is Amazon's goal, where you're expending energy not to buy from them. You need a reason not to and then it only lasts for a short time period. They're banking on being people's default retailer which lets them get away with this behavior.
- yuliyp 5y agoYes, I've also noticed that the cost of small items has gone up significantly. Amazon passing shipping costs and fees onto sellers explains this finally.
- stefan_ 5y agoA putting a clause into a contract they enter into with B that B may not sell to C (competitor to A) is obviously anti-competitive. Think of the whole Intel "you can't buy AMD" clauses with OEMs.