Quote:
Originally Posted by stonetools
They do raise that as an argument, and its plausible-monopolies do raise prices (MS Office could be a lot cheaper ).
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But not always, of course. When Amazon had their effective monopoly over the e-book market, they did nothing to abuse their customers or those supplying the goods that they sell. The worst that you could say about their behaviour is that they used new titles and best sellers as loss leaders (and virtually every retail concern there ever has been has had loss leaders to entice people to buy their other stuff) - and even then that was only rarely, mostly selling them at about cost...