“Courts do not require a literal monopoly before applying rules for single firm conduct; that term is used as shorthand for a firm with significant and durable market power — that is, the long term ability to raise price or exclude competitors. That is how that term is used here: a "monopolist" is a firm with significant and durable market power.” [1]
1. https://www.ftc.gov/tips-advice/competition-guidance/guide-a...
2. https://www.ftc.gov/enforcement/anticompetitive-practices
If anything, I would think you would enjoy that Amazon is forcing other online retailers that service your area to bring their prices down. In the US, there are a variety of retailers who are competitive with Amazon on pricing. On convenience, perhaps not, especially for Prime members, but certainly Amazon is not in a completely different price bracket most of the time.
I'm not thinking about the cloud business which has plenty competition, but the retail stuff. They undercut the competition until it dies then they're the sole business around.
Case in point: a couple weeks ago I bought a 16 TB hard drive for my personal server. It was something like 420€ on Amazon and about 600€ on my local Newegg equivalent. While I would have bought it locally for a couple dozen euros more, there was no way I would spend almost 200€ more for the same thing.
I know that long term it's bad for me and I hate myself for it but I still went with Amazon.