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.
Comment on Amazon's Monopoly of the tech industry is ruining the US economy
Nastybutler@lemmy.world 4 months agoBoy, do I have some bad news for you…
hedgehog@ttrpg.network 4 months ago
crashfrog@sopuli.xyz 4 months 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.
TheGalacticVoid@lemm.ee 4 months 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.
crashfrog@sopuli.xyz 4 months ago
No? It isn’t?
Where do you think prices come from?
How is this anti-competitive?