3 ms·
The FTC is arguing that Amazon is actually raising prices, so no, consumers don't win. You don't need to have lower prices long term if you control the market.
by ameister14 3y ago
The FTC is arguing that Amazon is actually raising prices, so no, consumers don't win.
You don't need to have lower prices long term if you control the market.
- hellojesus 3y agoBut if you raise the products now you have the opportunity for others to re-enter the market since there is arbitrage room. I get the argument, but it's a grim reaper strategy taught in econ 101. It's a well known strategy and completely valid. Consumers win in the short term but lose in the long term. Except they can just consume different products or wait for someone to re-enter the market.