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It’s amazing how inept FTC is to target the one company that feels least like a monopoly. Amazon has no pricing power. If they increase prices customers will le
by sashank_1509 3y ago
It’s amazing how inept FTC is to target the one company that feels least like a monopoly. Amazon has no pricing power. If they increase prices customers will leave to Target, Walmart etc. in fact every single one of amazon businesses has a lot of competitors that customers can move to.
Google on the other hand is the dictionary definition of a monopoly. Microsoft Windows is a monopoly for consumer desktops. Apple is an annoying brand based monopoly that also made it the most valuable company to ever exist.
What is the FTC trying to tell companies, using low prices to get as much market share as possible is illegal but having a technical edge that makes you the only player is completely fine?