I have actually started adopting other online vendors because Amazon's quality control and customer support is so atrocious. I think Amazon will end up digging its own grave by building this huge adoption for online buyong, training competition how to do online retail right, and then die from a million cuts as thousands of specialty vendors step in. Their search sucks too...you just get fed paid advertisements for crap. AWS is amazing but I no longer trust Amazon as a place to buy physical items.
Amazon Is a Monopoly
191–200 of 348 posts
Re: Amazon Is a Monopoly
#192I run a consulting company for Amazon suppliers. We have roughly 2-dozen Amazon suppliers and our first-hand experience is that Amazon is absolutely stifling competition/business to the detriment of customer. The biggest problem is `agreements that restrain trade` is a monopoly practice that happens across the board. They're a black box AND have tiny support systems for their marketplace. One recent example. A client…
For better coloring which tariff specifically?
https://ustr.gov/sites/default/files/enforcement/301Investig...
This was first implemented at 10% then pushed to 25% a few months later
Re: Amazon Is a Monopoly
#193I have actually started adopting other online vendors because Amazon's quality control and customer support is so atrocious. I think Amazon will end up digging its own grave by building this huge adoption for online buyong, training competition how to do online retail right, and then die from a million cuts as thousands of specialty vendors step in. Their search sucks too...you just get fed paid advertisements for cr…
I agree. I think Bezos would too.
Re: Amazon Is a Monopoly
#194This is an attempt to divert attention from real monopolies like Comcast and healthcare monsters. What we really need in the tech space is UK-style laws to enforce competition between ISPs, GDPR-style laws to protect personal data and CA-style prohibition on NDAs. But politicans won't get paid for any of this. Instead they go for easy and profitable targets, such as pretending to care that Amazon is a monopoly.
Re: Amazon Is a Monopoly
#195I run a consulting company for Amazon suppliers. We have roughly 2-dozen Amazon suppliers and our first-hand experience is that Amazon is absolutely stifling competition/business to the detriment of customer. The biggest problem is `agreements that restrain trade` is a monopoly practice that happens across the board. They're a black box AND have tiny support systems for their marketplace. One recent example. A client…
That sounds pretty terrible but I'm not sure if it relates to Amazon being a monopoly in the usual sense.
Ford motor company is huge and may have, for all I know, abusive practices towards it's suppliers. But Ford is certainly in the oligopoly, not monopoly category. Ford could be absolutely the only game in town for a given small or medium sized company but this doesn't mean Ford controls markets on the supplier end, which I believe is the measure of monopoly control.
Re: Amazon Is a Monopoly
#196Earlier quoted context omitted.
So don’t sell on Amazon. There are tons of other options. Amazon is merely the largest, not the only.
> So don’t sell on Amazon. Whether or not any individual sells on Amazon has absolutely nothing to do with their anti-competitive practices.
That's true, but the viability of other options limits their ability to set prices or exclude competition.
Re: Amazon Is a Monopoly
#197I have actually started adopting other online vendors because Amazon's quality control and customer support is so atrocious. I think Amazon will end up digging its own grave by building this huge adoption for online buyong, training competition how to do online retail right, and then die from a million cuts as thousands of specialty vendors step in. Their search sucks too...you just get fed paid advertisements for cr…
Amazon’s customer support “atrocious”? Literally only heard of great experiences with their customer support from people I’ve talked to.
Re: Amazon Is a Monopoly
#198Earlier quoted context omitted.
The interviewee didn't define monopoly by anti-competitive behavior. > Is Amazon a monopoly? > Yes, monopoly power is defined as the power to control prices or exclude competition. Amazon has the power to do both. But being a monopoly on its own is not illegal under the antitrust laws. Illegal monopolization requires both 1) monopoly power and 2) that the firm acquired, enhanced, or maintained that power by using exc…
> Amazon has the power to do both. No they don't. If Amazon significantly raises prices it charges customers, or lowers prices it pays suppliers, to above/below what Walmart or a hundred others do, are the customers and suppliers going to stay with them? No. When they don't put you in their store, can they also prevent you from reaching the same customers through any other store? No. The fact that they can choose not…
You appear to be only referring to the retail side of Amazon, not the platform side where the article mentions Amazon has numerous restrictive practices in place and set the price through these by excluding competition and competing through their own retail lines, regardless of other (uncompetitive) options
Re: Amazon Is a Monopoly
#199Earlier quoted context omitted.
> I'm not sure that it can control prices Amazon very often competes directly with sellers on the Marketplace, and often undercuts them on price. There are products they sell below the purchase cost, sometimes below manufacturing cost. You can't compete with that unless you have piles of money to burn. They sell at a loss until they shake everyone loose from a product, then dominate all sales of that products on the…
So don’t sell on Amazon. There are tons of other options. Amazon is merely the largest, not the only.
And what if, more and more, the products you want are only on Amazon, because of the deals made or conditions set by them?
Re: Amazon Is a Monopoly
#200I have actually started adopting other online vendors because Amazon's quality control and customer support is so atrocious. I think Amazon will end up digging its own grave by building this huge adoption for online buyong, training competition how to do online retail right, and then die from a million cuts as thousands of specialty vendors step in. Their search sucks too...you just get fed paid advertisements for cr…
How much does Amazon even care about retail?
Isn't AWS way more profitable than everything else they do combined?