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Interesting WSJ article on Amazon search...
HoustonHusky
Member Posts: 6,012
in Tug Tavern
Comments
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Houston hates the free market now.
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Free markets are great...lying to Congress and leveraging your monopolistic power to dominate other industries not-so-much.
Of course according to you and Bernie we can just put the govt in charge of it all...
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You can only buy shit from Amazon now? Chinteresting.GrundleStiltzkin said:
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Amazon is right at 50% of the overall online market. Overall. Which means some they are more in some and less in others.2001400ex said:
You can only buy shit from Amazon now? Chinteresting.GrundleStiltzkin said:
Courts have defined Market Power in many instances at 50% of a particular product/service.
Keep broadcasting your ignorance on such matters...
HondoFS. -
You can still buy the exact same shit from Walmart and local stores.HoustonHusky said:
Amazon is right at 50% of the overall online market. Overall. Which means some they are more in some and less in others.2001400ex said:
You can only buy shit from Amazon now? Chinteresting.GrundleStiltzkin said:
Courts have defined Market Power in many instances at 50% of a particular product/service.
Keep broadcasting your ignorance on such matters...
HondoFS.
That being said. Do you realize the whole point of monopoly rules? Like to prevent price gouging. Explain how Amazon is price gouging, then we can talk. -
Sounds like you hate them for being successful.HoustonHusky said:
Amazon is right at 50% of the overall online market. Overall. Which means some they are more in some and less in others.2001400ex said:
You can only buy shit from Amazon now? Chinteresting.GrundleStiltzkin said:
Courts have defined Market Power in many instances at 50% of a particular product/service.
Keep broadcasting your ignorance on such matters...
HondoFS. -
I love that two of the biggest socialists on the bored are now shilling for the benefits of Monopolies...comical. There are all sorts of reasons why having a single entity dominate a sector of the economy is bad (i.e. its much more than "price gouging" bad).
For the non-HondoFS of the world a more detailed article on the damage of having these supersized tech giants have on the overall economy. Don't agree with everything he pushes here, but do agree with a good chunk and think there is a lot to think about:
https://www.esquire.com/news-politics/a15895746/bust-big-tech-silicon-valley/?src=nl&mag=esq&list=nl_enl_news&date=020818
Well, a lot to think about if you aren't HondoFS... -
Sounds like Amazon is a great company that New York would welcome with open arms and some tax breaks
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They love capitalism except when liberals are the CEO and their masters tell them to hate the company*.TheKobeStopper said:
Sounds like you hate them for being successful.HoustonHusky said:
Amazon is right at 50% of the overall online market. Overall. Which means some they are more in some and less in others.2001400ex said:
You can only buy shit from Amazon now? Chinteresting.GrundleStiltzkin said:
Courts have defined Market Power in many instances at 50% of a particular product/service.
Keep broadcasting your ignorance on such matters...
HondoFS.
* Yet they still buy stuff from Amazon regularly.
