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Maybe it was never right that those stores were also doing that. There's also a matter of the level of dominance that the platform has. Something like half of
by mabbo 5y ago
Maybe it was never right that those stores were also doing that.
There's also a matter of the level of dominance that the platform has. Something like half of e-commerce takes place on Amazon; most online ads are via Google; and Apple literally invented the name "App Store".
As for consumer harm, when the market is manipulated to remove competition, we are all harmed. Not today, not directly, but every day after that.
- epistasis 5y agoI think the solution is two fold: 1) strong anti-monopoly law, and 2) holding brick and mortar retailers to the same standard that we apply to online retailers. I think that you'll find that most grocery retailers have nearly as large a monopoly inside their geographic area as Amazon does in the retail space.