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Predatory pricing and monopolistic practices are not good for consumers. That's why they are illegal.
by gibwell 13y ago
Predatory pricing and monopolistic practices are not good for consumers. That's why they are illegal.
- mseebach 13y agoExactly. So if Amazon was guilty of that, they could be charged under those laws. If that is the true justification for the new law, it is at best "pre-crime" enforcement - protecting Amazon from themselves, from getting into a situation where them might risk committing predatory pricing and monopolistic practices. More realistically, follow the money and apply basic public choice theory. It's not like the economic history of the world hasn't seen this pattern a few hundred times before.