11-16-2018, 10:01 AM
(11-16-2018, 08:41 AM)michaelsean Wrote: Or they recognize people are free to do what they want, and right now they choose to buy a lot from Amazon because Amazon does it better than anyone else. But it’s nice that your new philosophy defines everyone and their motives.
People buy from Amazon because they are logistical savants. I think the Monopoly thing gets thrown around too much in terms of businesses that are simply far superior to all others. Even still there are Monopolies we allow to stand such as telecommunication ones that are used to gouge customers and those like Amazon (Although I still contend it's not a monopoly) that work in favor of the consumer. If a perceived Monopoly is improving the market for consumers then I really don't have an issue.
For example, years ago Google wanted to buy up the old analog frequencies and create a wireless communications company that would provide people free cell phone service. The catch was that the service would be funded through ads, meaning if you drove down the street while driving towards a McDonalds you may get a text about the McRibb being back. The FTC refused to allow it saying it would create a monopoly for Google, I however have continued to believe it was because lobbyist from large telecommunications companies knew it would crush their business. I think in a lot of cases as long as there are still alternatives, and they aren't colluding to price fix like telecommunications companies, they should be allowed to operate freely. I think in Amazon's case there are plenty of competitors they simply do not do what they do as well.
