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Amazon is not a monopoly, and the second they raise margins they'll lose business to eBay, Shopify, Walmart, Target and others. Do you think Amazon has 0-5% ma
by 0xy 3y ago
Amazon is not a monopoly, and the second they raise margins they'll lose business to eBay, Shopify, Walmart, Target and others.
Do you think Amazon has 0-5% margins because they're generous or because it's a deliberate strategy to attract and retain customers?
Customers would scramble if Amazon margins were 50%.
- piva00 3y agoMonopolistic practices is the term I used, exactly to not call Amazon a monopoly because they are not one yet. They are engaging in monopolistic practices though (price dumping causing stifled competition, etc.).