Re:OpenSearch: AWS fork of Elasticsearch and Kibana
by sofixa on Monday April 12, 2021 @04:19PM
(#26784635)
> Price gouging is the practice of using outsized leverage in a particular market to charge excessive prices. Like snow shovels doubling in price after a snow storm. Or $10 water bottles after a hurricane.
> So for AWS the term is arguably correctly applied
What outsized leverage have AWS had for a decade? There are multiple competitors at different levels, AWS are just better in terms of coverage/redundancy and amount of services.
Re:OpenSearch: AWS fork of Elasticsearch and Kibana
by pas on Monday April 12, 2021 @08:44PM
(#26786928)
They are meaningfully better only in one thing: size = PR = network effects.
Re:OpenSearch: AWS fork of Elasticsearch and Kibana
by jen20 on Monday April 12, 2021 @05:57PM
(#26785693)
> So for AWS the term is arguably correctly applied.
Can you elicit the argument by which this is correctly applied?
Re:OpenSearch: AWS fork of Elasticsearch and Kibana
by ballenf on Thursday April 15, 2021 @10:19AM
(#26820821)
Point was just that having the "price on the tin" is irrelevant to whether there's price gouging going on.
But, I guess the argument could be similar to the case against Apple for its iOS App Store: there are lots of competitors, but the lock-in arguably creates a market definition of Apple customers. AWS customers are largely locked-in and at the mercy of AWS prices.
That's the argument. I'm not sure I buy it, but it's one perspective.
So for AWS the term is arguably correctly applied.
But I'd be more worried about the market if AWS was artificially undercutting pricing because it would kill the incentive to create competitors or innovation in the space.