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"Today, everyone has had enough of Amazon, which, by dumping, slashes prices to get a foothold in markets only to raise them once they have established a virtua
by lindaverse 13y ago
"Today, everyone has had enough of Amazon, which, by dumping, slashes prices to get a foothold in markets only to raise them once they have established a virtual monopoly."
Not to say they might not do that in the future; but aah, generally Amazon's modus operandi has been to continue reducing prices even when they have a 'virtual monopoly'.
- LanceH 13y agoAlso illegal as a monopoly. 1. high prices - price gouging 2. low prices - anti-competitive 3. same prices - collusion Once a company becomes a monopoly -- even if it's because they are the only sane choice -- everything they do can be construed as illegal.
- mimiflynn 13y agoNot unlike Walmart.