Second ('Third') Trump Presidency Thread

zitothebrave said:
Try to compete with amazon on e-commerce. It's nearly impossible. Amazon also is a single stream business that has it's ecommerce, AWS, studios, prime video, games studio, etc.

https://www.ftc.gov/news-events/new...s-amazon-illegally-maintaining-monopoly-power

They're a monopoly. Denying it is silly. Look at all the companies that could have potentially been competitors they bought out. Zappos was a growing shoe online retailer, bought it out. Goodreads is a growing social media market to recommend books, bought it out (as well as it's previous competitor Shelfari) so on so forth.

If you don't think AMazon is a monopoly, that's fine. But everything they do is anti-competitive. Including Bezos buying WaPo to turn into his own news media rag.
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Amazon has 30% of the e-commerce market which itself is a highly competitive. Amazon competes with major retailers like Walmart, Target, and eBay, as well as countless smaller online stores. Amazon’s market share reflects its efficiency, not the absence of competition.

What monopolized industry would ever allow me as a consumer to go to Best Buy and show them a price on Amazon and the clerk price matches me on the spot no questions asked?

People need to stop conflating the term monopoly with “I don’t like this company”.
 
chop2chip said:
Amazon has 30% of the e-commerce market which itself is a highly competitive. Amazon competes with major retailers like Walmart, Target, and eBay, as well as countless smaller online stores. Amazon’s market share reflects its efficiency, not the absence of competition.

What monopolized industry would ever allow me as a consumer to go to Best Buy and show them a price on Amazon and the clerk price matches me on the spot no questions asked?

People need to stop conflating the term monopoly with “I don’t like this company”.
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Amazon's anti-competitive behavior forced competitors like best buy to honor their prices. Considering the decline of big box stores is a looming threat it will just behoove to just keep pushing things the way they have to keep hammering the nails in these stores.

Amazon's only goal is to get people to their website and services. Why else buy out MGM? Why buy out Zappos?

Amazon is like Google, if anyone starts sniffing close to them (see Waze for Google) they buy them up.

And avoiding amazon is neigh on impossible. Not totally impossible but really hard because of AWS.
 
zitothebrave said:
Amazon's anti-competitive behavior forced competitors like best buy to honor their prices.
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Monopolists are "price makers" not "price takers". Your describing a practice that is extremely consumer friendly.

Gross margins for Amazons top competitors
Walmart: ~25%
Target: ~27%
Best Buy: ~22%
Amazon: ~19%

I know you hate them and they are "impossible" to avoid, but Amazon has been enormously good for consumers.
 
Amazon has been very good for consumers.

And Amazon has engaged in anti-competitive practices for which we should hold them accountable.

Both can be true.
 
thethe said:
[tw]1894812146627739828[/tw]

COVID accountability is coming soon too - Shame Fauchi got that pardon.
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The people making the decisions with the Afghanistan withdrawal are already gone. Biden, Harris, Defense Secretary, etc.

It would seem rather petty to fire high ranking officers for carrying out a withdrawal that was poorly planned from the top.
 
nsacpi said:
Amazon has been very good for consumers.

And Amazon has engaged in anti-competitive practices for which we should hold them accountable.

Both can be true.
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Both can be true.

As well as the statement that Amazon is not a monopoly, which is the argument if you care to keep up my dude.
 
chop2chip said:
Monopolists are "price makers" not "price takers". Your describing a practice that is extremely consumer friendly.

Gross margins for Amazons top competitors
Walmart: ~25%
Target: ~27%
Best Buy: ~22%
Amazon: ~19%

I know you hate them and they are "impossible" to avoid, but Amazon has been enormously good for consumers.
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not to get too nerdy about these numbers but I think net profit margins is probably a better way to look for possible market power

Walmart has a net profit margin of 3%

Amazon 8%

both for 2024
 
chop2chip said:
Both can be true.

As well as the statement that Amazon is not a monopoly, which is the argument if you care to keep up my dude.
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you can not be a monopolist and still have a lot of market power

this sort of argument is how deals like T-mobile buying Sprint get waived through...at great detriment to the competitiveness of large parts of the economy
 
Market power isn't a bad thang. It's an incentive that drives innovation that we all get to enjoy from.

Y'all really love to do the non-sequitur thing.
 
chop2chip said:
Market power isn't a bad thang.
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It is a good thang if you got it by building a better or cheaper mousetrap.

Not a good thang if acquired through anti-competitive behavior.

The thang that makes it hard with a company like Amazon is they do both. The first should be celebrated. The second should be slapped down.
 
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