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A comment on Goodreads was the future of book reviews. Then Amazon bought it. Parent comment

Re:Goodreads was the future of book reviews. Then Amazon bou... by fsckboy on Monday July 03, 2023 @02:45PM (#36577238)
Vertical consolidation is also monopolistic, it reduces competition by removing a buyer and a seller from a healthy marketplace.

what is actually good for consumers is fierce competition spoiling the sleep of capitalists.

[ Parent | on HN ]
Re:Goodreads was the future of book reviews. Then Amazon bou... by crazygringo on Monday July 03, 2023 @06:04PM (#36579418)
It's still the same rules though.

If you're buying a supplier for 5% of the marketplace it's perfectly fine.

If you're buying a supplier for 65% of the market then that's a problem.

[ Parent | on HN ]
Re:Goodreads was the future of book reviews. Then Amazon bou... by fsckboy on Monday July 03, 2023 @10:03PM (#36581275)
a supplier for 65% of the market is already a problem. Were the any acquisitions on the way to that market position?

even if there weren't, it's still too big, break it in half. Shareholders will still own what they owned before, 65% of the market, and all the IP that is contained therein, but the companies will have to compete.

[ Parent | on HN ]