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You 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
by benreesman 2y ago
You 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.