Sunday, October 12, 2014

Amazon Is Not a Monopoly -- NYMag

Excerpt from a counterargument to Amazon Must Be Stopped (The New Republic)

"But what Foer is describing is not the nefarious actions of a monopolist but the normal actions of a big, well-funded firm in a spirited market. Businesses compete. Very often the bigger one wins. Foer argues, however, that Amazon’s “big-footing necessitates a government response,” without really explaining why.

Who is losing when Amazon is winning? Does the government really need to step in to protect Amazon’s rivals, provided that the market remains a market? Why is it wrong for Amazon to demand more and more from its suppliers? Is there any evidence that Amazon controls other markets like it controls the books market? All this is unclear."
Amazon Is Not a Monopoly -- NYMag
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