>The Subcommittee’s investigation identified several instances in which a dominant platform was pricing goods or services below-cost in order to drive out rivals and capture the market. For example, documents produced during the investigation revealed that Amazon had been willing to lose $200 million in a single quarter in order to pressure Diapers.com, a firm it had recognized as its most significant rival in the category. Amazon cut prices and introduced steep promotions, prompting a pricing war that eventually weakened Diapers.com. Amazon then purchased the company, eliminating its competitor and subsequently cutting back the discounts and promotions it had introduced.
I'm curious... After reading that, do you still feel the same way about Amazon?
Price might not mater to many on HN but to millions of people it does.
There could have been several other sites all worth billions of dollars without the need for a single one stop shop.
This has nothing to do with anti-trust but out of all the major tech corps Facebook really seems the most like a big tobacco company- sure they are adding value to the economy and ostensibly giving individual consumers something they want, but as a society we'd generally be better off if it just kind of went away.