Comment on Amazon's Monopoly of the tech industry is ruining the US economy

• crashfrog@sopuli.xyz ⁨1⁩ ⁨month⁩ ago

  “Essentially” is the load-bearing weasel word here that allows this story to blame Amazon for their competitors choosing to offer the same goods at higher prices.

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  • TheGalacticVoid@lemm.ee ⁨1⁩ ⁨month⁩ ago

    “Competitors choosing” is usually considered to be price fixing, which is anti-competitive and/or monopolistic. Amazon et al aren’t the only US companies guilty of this or other anti-competitive behaviors, even if they’re a notable example.

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    • crashfrog@sopuli.xyz ⁨1⁩ ⁨month⁩ ago

      “Competitors choosing” is usually considered to be price fixing

      No? It isn’t?

      Where do you think prices come from?

      Amazon et al aren’t the only US companies guilty of this or other anti-competitive behaviors

      How is this anti-competitive?

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• hedgehog@ttrpg.network ⁨1⁩ ⁨month⁩ ago

  This article literally proves their point. When Amazon doesn’t need to compete (because other sites are indexing off their prices) they raise their prices. When they do need to compete (like in the examples OP mentioned) they keep their prices low.

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