Quote:
Originally Posted by fjtorres
Quote:
. . . Amazon is not Standard Oil. . . .
|
|
Amazon's US market share, in eBooks, is roughly the same as that of Standard Oil, in refined oil, when it was broken up for being an illegal monopoly.
Sources:
http://en.wikipedia.org/wiki/Standard_Oil
http://www.forbes.com/sites/jeffberc...y-the-numbers/
I'm not saying Amazon should be broken up. I am saying that 2/3 market share is enough for the word monopoly to be commonly applied.
Thinking that I now I should read Ida Tarbell's
History of Standard Oil (1904) to see if there are other similarities, I just checked Amazon.com and found they wanted $5.99 to Whispernet this public domain title to my Kindle. So I got it from Open Library:
https://openlibrary.org/books/OL7057...rd_Oil_Company
I wonder if Standard Oil ever had a Gazelle Project:
http://www.businessinsider.com/sadis...azelle-2013-10