5 ms·

You mean 36% of e-commerce and an even smaller portion of all retail?

kube-system 3y ago
Yes, 36% (I believe it's actually 37.6%) of e-commerce is a large portion. It is 587% larger than the second place competitor.
- scarface_74 3y ago
  Yes because Amazon used unfair practices to crush small competitors like Walmart…
  - kube-system 3y ago
    No, I don't think I've seen that being claimed. It has been claimed that they have used their anticompetitive practices against others. Having Walmart as a competitor doesn't mean that they don't have a dominant market position with power to abuse at their disposal.
    - MichaelZuo 3y ago
      How do they have the 'power to abuse' with only 37.6% of the e-commerce marketshare? And probably less than 15% of overall retail marketshare?
      - kube-system 3y ago
        That is plenty large enough of a chunk to have significant economic influence. As a reference point, it's about the same percent marketshare OPEC has on the oil market. Even though the topics are frequently discussed together, anticompetitive behavior is something different than being a monopoly and one does not require the other.
      - IntelMiner 3y ago
        What's Walmart's market share of online retail? Conversely what's Amazon's share of physical detail? (Preferably excluding whole foods since that's an arguably different business to selling cheap electronics and other junk) It's as if the two companies operate in... different spheres!
        MichaelZuo 3y ago
        Did you mistake my comment with someone else’s?
        CyberDildonics 3y ago
        Their comment is a completely clear and coherent reply to yours, there is no reason to think this is a mistake.
        MichaelZuo 3y ago
        The opinion is noted? I don't know who this is but presumably 'IntelMiner' is a different person with their own views and rationale for writing.
        CyberDildonics 3y ago
        It is clear they didn't make a mistake and meant to reply to you.
        MichaelZuo 3y ago
        Did you even read my reply? Repeating the previous opinion with slightly different wording seems a bit odd.
        CyberDildonics 3y ago
        Walmart is a smaller competitor to amazon in online retail. You are confused and need to review the comments in this thread.
vkou 3y ago
Someone who owned 36% of all the land in the United States would certainly be considered to 'controlling a large share of real estate'. In the case of Amazon, it's even worse, because despite a 'mere' 36% market share, there is a lot of evidence that they have market-moving pricing power. They generally exercise it by restricting the prices sellers can charge in other stores. This happens to almost all sellers on Amazon.

Yes, 36% (I believe it's actually 37.6%) of e-commerce is a large portion. It is 587% larger than the second place competitor.

scarface_74 3y ago
Yes because Amazon used unfair practices to crush small competitors like Walmart…
- kube-system 3y ago
  No, I don't think I've seen that being claimed. It has been claimed that they have used their anticompetitive practices against others. Having Walmart as a competitor doesn't mean that they don't have a dominant market position with power to abuse at their disposal.
  - MichaelZuo 3y ago
    How do they have the 'power to abuse' with only 37.6% of the e-commerce marketshare? And probably less than 15% of overall retail marketshare?
    - kube-system 3y ago
      That is plenty large enough of a chunk to have significant economic influence. As a reference point, it's about the same percent marketshare OPEC has on the oil market. Even though the topics are frequently discussed together, anticompetitive behavior is something different than being a monopoly and one does not require the other.
    - IntelMiner 3y ago
      What's Walmart's market share of online retail? Conversely what's Amazon's share of physical detail? (Preferably excluding whole foods since that's an arguably different business to selling cheap electronics and other junk) It's as if the two companies operate in... different spheres!
      - MichaelZuo 3y ago
        Did you mistake my comment with someone else’s?
        CyberDildonics 3y ago
        Their comment is a completely clear and coherent reply to yours, there is no reason to think this is a mistake.
        MichaelZuo 3y ago
        The opinion is noted? I don't know who this is but presumably 'IntelMiner' is a different person with their own views and rationale for writing.
        CyberDildonics 3y ago
        It is clear they didn't make a mistake and meant to reply to you.
        MichaelZuo 3y ago
        Did you even read my reply? Repeating the previous opinion with slightly different wording seems a bit odd.
        CyberDildonics 3y ago
        Walmart is a smaller competitor to amazon in online retail. You are confused and need to review the comments in this thread.

vkou 3y ago

Someone who owned 36% of all the land in the United States would certainly be considered to 'controlling a large share of real estate'. In the case of Amazon, it's even worse, because despite a 'mere' 36% market share, there is a lot of evidence that they have market-moving pricing power. They generally exercise it by restricting the prices sellers can charge in other stores. This happens to almost all sellers on Amazon.