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> Here are several vendors where the 4th place vendor charges the same as the first place vendor. That, uh, is kind of what you expect in a competitive commodi
by andrewflnr 2y ago
> Here are several vendors where the 4th place vendor charges the same as the first place vendor.
That, uh, is kind of what you expect in a competitive commodity market, isn't it? I don't think that's the example you want. (No disagreement about app stores).
- benreesman 2y agoYou raise a good point but I think it’s actually a great argument for the corruption. Modern cloud compute is priced at such absurd margins that AWS subsidizes the price dumping of the whole Amazon retail business: there’s a reason Jassey is second only to Bezos in clout. When vendors 1-5 are all running 20, 30, sometimes 50 percent margins while their share varies from like 40% to like 5%? That’s called price fixing.
- andrewflnr 2y agoThe high profit margins, if those figures are correct, are a much more compelling argument than merely having similar prices. Those can be deceptive too, but I haven't looked into it...
- benreesman 2y agoThey’re both worthy of scrutiny. The combination is pretty damning.