FTC sues Amazon for illegally maintaining monopoly power
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Re: FTC sues Amazon for illegally maintaining monopoly power
#2Time to buy AMZN?
https://www.wsj.com/us-news/law/the-hedge-fund-that-made-a-k...
Re: FTC sues Amazon for illegally maintaining monopoly power
#3I'm honestly not sure how you could make the case that they aren't maintaining and abusing monopoly power. I mean they literally blatantly copy the designs of other companies who sell on amazon, then put their own results for their own products higher in search results than what they copied off of. It's incredibly blatantly anti-competitive.
Re: FTC sues Amazon for illegally maintaining monopoly power
#4Time to buy AMZN? https://www.wsj.com/us-news/law/the-hedge-fund-that-made-a-k...
My prediction (you can check my results):
AMZN price will be largely unchanged.
There does seem to be some antitrust exposure there:
========= Anti-discounting measures that punish sellers and deter other online retailers from offering prices lower than Amazon, keeping prices higher for products across the internet. For example, if Amazon discovers that a seller is offering lower-priced goods elsewhere, Amazon can bury discounting sellers so far down in Amazon’s search results that they become effectively invisible.
Conditioning sellers’ ability to obtain “Prime” eligibility for their products—a virtual necessity for doing business on Amazon—on sellers using Amazon’s costly fulfillment service, which has made it substantially more expensive for sellers on Amazon to also offer their products on other platforms. This unlawful coercion has in turn limited competitors’ ability to effectively compete against Amazon.
Re: FTC sues Amazon for illegally maintaining monopoly power
#5I wish they would add ebook DRM to the list. Amazon has essentially locked the Kindle so that it can only purchase from Amazon and Amazon ebooks can only be used on the Kindle. On top of that, they offer no way of transferring ebooks and, AFAIK, offer no way to remove DRM after a work enters the public domain.
Re: FTC sues Amazon for illegally maintaining monopoly power
#6I'm honestly not sure how you could make the case that they aren't maintaining and abusing monopoly power. I mean they literally blatantly copy the designs of other companies who sell on amazon, then put their own results for their own products higher in search results than what they copied off of. It's incredibly blatantly anti-competitive.
At this point, they don't have to rank it higher and people would still buy it.
They are like Kirkland of Costco most often.
Re: FTC sues Amazon for illegally maintaining monopoly power
#7Time to buy AMZN? https://www.wsj.com/us-news/law/the-hedge-fund-that-made-a-k...
[deleted]
Re: FTC sues Amazon for illegally maintaining monopoly power
#8It sounded like their audiobook division was acting in anti-competitive ways to push authors into single platform exclusivity. I wonder what else they're up to.
Re: FTC sues Amazon for illegally maintaining monopoly power
#9I'm honestly not sure how you could make the case that they aren't maintaining and abusing monopoly power. I mean they literally blatantly copy the designs of other companies who sell on amazon, then put their own results for their own products higher in search results than what they copied off of. It's incredibly blatantly anti-competitive.
By what metric Amazon IS monopoly?
Re: FTC sues Amazon for illegally maintaining monopoly power
#10I'm honestly not sure how you could make the case that they aren't maintaining and abusing monopoly power. I mean they literally blatantly copy the designs of other companies who sell on amazon, then put their own results for their own products higher in search results than what they copied off of. It's incredibly blatantly anti-competitive.
By what metric Amazon IS monopoly?
By the metric of market control and by the metric of being able to leverage anti-competitive practices without feeling any market pushback.