alt Hacker NewsThey can't do whatever they want, we live in a regulated economy for precisely this reason. Otherwise you get exactly what is happening here, a company using it's near monopoly power to raise prices on everyone to enrich a few
They can't do whatever they want, we live in a regulated economy for precisely this reason. Otherwise you get exactly what is happening here, a company using it's near monopoly power to raise prices on everyone to enrich a few
In what sense does Amazon have “near monopoly power”?
Elsewhere in this thread we find shock that American households spend a few thousand dollars on average between Whole Foods and Amazon.com.
I assure you that’s a small fraction of household spending on the goods Amazon sells.