Quote:
Originally Posted by pwalker8
I agree. You need competition to keep companies in line. If Amazon is the only book seller, then they will jack the prices way up. In addition, competition forces companies to innovate in ways that consumers prefer. The customer wins if you have multiple book stores.
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Maybe they will, but no slid evidence that they will be that stupid. A jack up of prices would be a boon to competition. And Amazon has built their success on innovation.
Both Amazon and Wal-Mart basically started from nothing and 'took over' They both took on centuries of established businesses and rose pretty high. Not saying I like this, but it would just be sour grapes and pointless whining to blame them for achieving what most businesses strive to accomplish.
And neither of them has closed the market to competitors. Someone else will eventually do it as well or better. Nothing new there. Amazon, as I see it is very vulnerable in non US markets. Many of us resent that Amazon prices in our country are higher than B&M stores.
I have seen a lot of big and small businesses become extinct long before the internet and find it regretful in most cases, but it is possibly another form of evolution. The doom you keep prophesizing due to Amazon monopolization is no more likely to happen then It ever was. Amazon too will possibly become a dinosaur one day, but even if they don't I cannot see them gaining world control, even on ebooks.
Helen