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> Is everyone forgetting just how small Amazon is when you consider all of retail? https://www.statista.com/statistics/274255/market-share-of-the-leading-retai

> Is everyone forgetting just how small Amazon is when you consider all of retail? https://www.statista.com/statistics/274255/market-share-of-the-leading-retailers-in-us-e-commerce/ https://www.statista.com/statistics/274255/market-share-of-t... June 2022, 37.8% of all ecommerce market share. Not sure why you're comparing to physical retail considering the antitrust practices alleged are in the ecommerce space. And even if we were to compare all retail in the US, Amazon is likely to overtake Walmart across all retail come next year. https://www.ascentialedge.com/press/ecommerce-shakes-top-5-retailers-us https://www.ascentialedge.com/press/ecommerce-shakes-top-5-r...

granzymes 3y ago
The FTC doesn't get to determine the relevant antitrust market. Part of Amazon's defense will be pointing out that consumers buy soap on Amazon and in physical stores alike. It will be up to a judge to decide.
- scarface_74 3y ago
  And the government has lost every single case it brought against BigTech in the last 4-5 years
scarface_74 3y ago
Since when was 37.8 percent a monopoly? And it was also predicted by analysts that Windows Phone would overtake the iPhone by 2017 https://www.computerworld.com/article/2473666/windows-phone-to-overtake-the-iphone--it-will-happen-.amp.html https://www.computerworld.com/article/2473666/windows-phone-...
- eganist 3y ago
  > Since when was 37.8 percent a monopoly? https://www.law.cornell.edu/wex/monopoly https://www.law.cornell.edu/wex/monopoly "For instance, the term monopoly may be referring to instances where: [...] There are many buyers or sellers, but one actor has enough market share to dictate prices (near monopolies)" > And it was also predicted by analysts that Windows Phone would overtake the iPhone by 2017 https://en.wikipedia.org/wiki/Straw_man https://en.wikipedia.org/wiki/Straw_man
  - scarface_74 3y ago
    It’s not a straw man. It’s showing you that “what analysts predict” is completely irrelevant. And is Amazon raising prices? And how is 1/3 of the market enough to dictate prices?
    - afavour 3y ago
      Of course it’s a straw man. Suggesting that every single “analyst prediction” has the same value is plainly silly.
      - scarface_74 3y ago
        What “value” do you think it has? Do you think it would be probative in a court? Have you looked at the track record of the prediction? It’s “plain silly” to cite a prediction as evidence.
- mint2 3y ago
  Coincidentally OPEC is 38% of oil product based on a hasty google search. Their decisions have a massive influence on oil prices.

granzymes 3y ago

The FTC doesn't get to determine the relevant antitrust market. Part of Amazon's defense will be pointing out that consumers buy soap on Amazon and in physical stores alike. It will be up to a judge to decide.

scarface_74 3y ago
And the government has lost every single case it brought against BigTech in the last 4-5 years

scarface_74 3y ago

Since when was 37.8 percent a monopoly? And it was also predicted by analysts that Windows Phone would overtake the iPhone by 2017 https://www.computerworld.com/article/2473666/windows-phone-to-overtake-the-iphone--it-will-happen-.amp.html https://www.computerworld.com/article/2473666/windows-phone-...

eganist 3y ago
> Since when was 37.8 percent a monopoly? https://www.law.cornell.edu/wex/monopoly https://www.law.cornell.edu/wex/monopoly "For instance, the term monopoly may be referring to instances where: [...] There are many buyers or sellers, but one actor has enough market share to dictate prices (near monopolies)" > And it was also predicted by analysts that Windows Phone would overtake the iPhone by 2017 https://en.wikipedia.org/wiki/Straw_man https://en.wikipedia.org/wiki/Straw_man
- scarface_74 3y ago
  It’s not a straw man. It’s showing you that “what analysts predict” is completely irrelevant. And is Amazon raising prices? And how is 1/3 of the market enough to dictate prices?
  - afavour 3y ago
    Of course it’s a straw man. Suggesting that every single “analyst prediction” has the same value is plainly silly.
    - scarface_74 3y ago
      What “value” do you think it has? Do you think it would be probative in a court? Have you looked at the track record of the prediction? It’s “plain silly” to cite a prediction as evidence.
mint2 3y ago
Coincidentally OPEC is 38% of oil product based on a hasty google search. Their decisions have a massive influence on oil prices.