Quote:
Originally Posted by GERGE
Have you ever heard something called antitrust laws?
When a company has a monopoly and uses that to stifle competition, it breaches antitrust laws. Amazon's market share is the greatest among online retailers, but there are many arguments for and against whether or not it is a monopoly. And denying to sell competitor's devices are stifling competition for a retail store. We are not talking about an Amazon Store that only sells Amazon pruducts but a retail store with market dominancy.
Also monopoly here refers to a concept, a retail store with %50 percent market share may well count as a monopoly for the purposes of this law.
I don't care enough to research USA law to offer example cases here, but if you think I am wrong, than you think I am wrong. I don't care either way. But I am sure that this will go to court.
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Monopoly means only one company.
Amazon is not the only retailer.
Just because half a population shops there only means they have good prices.
Not only that but except for some streaming videos with Prime, is there anything Amazon sells that I cannot buy elsewhere?
Antitrust only comes into play if I have to buy a commodity at one place.
The key word being commodity.
If I could only buy grain at Amazon, that would fall under antitrust.
What is Walmart's market share?
Now if you want to research antitrust and very bad business practices, look up Thurber, TX.