4 ms·
With your restaurant example, you are describing an "exclusive dealing agreement". This usually takes monopolistic conditions to become illegal. Personally I
by ZetaZero 5y ago
With your restaurant example, you are describing an "exclusive dealing agreement". This usually takes monopolistic conditions to become illegal.
Personally I don't like what Amazon is doing. But I don't think it is illegal under current anti-trust laws. The laws really need to change, but I don't see that happening.
- kongolongo 5y agoYou're right it definitely doesn't fit neatly under any current anti-trust laws. I think the justification for why something like exclusive dealing agreements in monopolistic conditions is unfair could definitely be applied to why being a competitor in your own marketplace, while leveraging your customer's data, and boosting your own listings could be deemed unfair and lead to monopolistic conditions too.