He drove a lot of businesses out by selling things at a loss.
If that’s legal, that’s his prerogative. Is it legal?
I could have done that for a few months with my bowling alley vending machines to kill the competition but then the competition would have LITERALLY killed me :)
So a less than one third share is now a Monopoly?
Just to get Bezos I say yay! I don’t really mean it but he’s a maroon and deserves it!
There’s nothing that Amazon sells that you can’t get thru an overwhelming number of other options. It’s not a monopoly.
Too big to fail...
All he did was capitalize on the natural human habit of laziness.
Anything he sells can be found for probably 10% cheaper if you look for it.
Its time for the CIA NOT to give Amazon a 600 million cloud contract or whatever scam government welfare check they got. The problem with rich people and rich companies is that they some how always end up getting involved with the government and thus stealing my tax dollars. Now I understand people here will say “Well thats why we should limit the scope of the government”. This is a good idea in theory but seeing as politicians are just puppets bought and paid for by the Super Rich its hardly a feasible idea.
Being a "monopoly" is a loosely used and little-understood idea. In a reasonably open market, any player, no matter how dominant, can be up-ended by competitors--unless his market position is guaranteed by the guns of the State. As in the down-home fascist advantage of AT&T in the old days.
The only question is: Is Amazon--like the banksters--protected from competition by our Federal government?
Is it time to break up Amazon?
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Stupid dumb-ass question. Don;t like it? Build a better one......
Break up liberals monopoly of the MSM. Why do liberals get to run CBS, NBC, and ABC?
All I needed to know about Jeff Bezos and amazon: “In July 2012, Bezos and his wife personally donated $2.5 million to support a same-sex marriage referendum in Washington, which successfully passed.”
Sorry. I love all things Amazon. wait. Nope. Still love it.
If Bezos were a conservative the democrats would be screaming bloody hell! 1% and Occupy and all that crap.
Signed up today just to re-write the headline of the article, did you?
Life is not “fair”. First there was Sears, then Wards, then K-Mart, then Wal-Mart. Now Amazon.
Big business has been putting little business out of business since the beginning of time. Someone will come along to best Amazon.
Meanwhile, why would I want to drive 45 minutes to town, visit several stores and then settle for something less than I want when I can spend five minutes on Amazon, find exactly what I want and have it shipped to my front door in days, free of charge most of the time?
It’s not the job of the government to break it up if there’s no crime.
Amazon is too big. It will become too much for the boss to manage.
Welcome to Free Republic.
Monopolies are short lived.
Douglas Rushkoff - “He is best known for his association with the early cyberpunk culture” - Wikipedia
They did it to Standard Oil.