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Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power by sib on Tuesday September 26, 2023 @12:52PM (#37662134)
Nor is Amazon
Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power by dragonwriter on Tuesday September 26, 2023 @01:00PM (#37662317)
The complaint [0] has 32 pages detailing Amazon's durable monopoly power in two relevant markets, so your claim that it lacks a monopoly might do with somewhat more of a counterargument than you've presented.

[0] https://storage.courtlistener.com/recap/gov.uscourts.wawd.32...

Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power by sib on Tuesday September 26, 2023 @03:43PM (#37664840)
"Monopoly: the exclusive possession or control of the supply of or trade in a commodity or service."

Given that there are things such as Walmart.com, eBay, Shopify, and many hundreds of other online commerce stores, they are self-evidently not a monopoly. In fact, they don't even have a majority share of eCommerce in the US.

And they also don't have majority share in cloud services.

Nor do they have a monopoly in eBooks.

I did not say they don't have monopoly power, I said, they are not a monopoly.

(Other than obvious things such as "Amazon products"..., in which case every manufacturer or retailer is a monopoly in their own products.)

Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power by AnthonyMouse on Tuesday September 26, 2023 @04:33PM (#37665445)
> Other than obvious things such as "Amazon products"..., in which case every manufacturer or retailer is a monopoly in their own products.

The way this argument is normally presented is somewhat intentionally obtuse. Obviously Nike has a monopoly on Nike shoes, but "Nike shoes" isn't any kind of sensible market definition because you go to a shoe store and there are a dozen brands of shoes that are all pretty fungible with each other.

But then you get into something like "GM-compatible brake pads" and that is a sensible market definition, because if you have a GM car and you need new brake pads, they need to be compatible with your car. But you'll also notice that this isn't even the same thing as GM-brand brake pads. You could get GM-compatible brake pads from a variety of OEMs that are all compatible with your GM vehicle.

Or, it could be the case that only GM makes GM-compatible brake pads. In which case they would have a monopoly in that market. Not because it's a monopoly on their brand of brake pads, but because it's a monopoly on any brand of brake pads compatible with their brand of cars -- which is something else entirely.

Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power by dragonwriter on Tuesday September 26, 2023 @09:12PM (#37668406)
> Or, it could be the case that only GM makes GM-compatible brake pads. In which case they would have a monopoly in that market. Not because it’s a monopoly on their brand of brake pads, but because it’s a monopoly on any brand of brake pads compatible with that brand of cars – which is something else entirely.

> Notice that they don’t even have to be the same company.

As a specific example (and note, that you also don’t have to be the literal sole supplier to have a legal monopoly under US antitrust law), the market Microsoft was found to have monopolized in their big antitrust case was the market for operating systems for IBM-compatible personal computers.

Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power by dragonwriter on Tuesday September 26, 2023 @09:07PM (#37668353)
> “Monopoly: the exclusive possession or control of the supply of or trade in a commodity or service.”

That is not the applicable definition for US antitrust law.

https://www.ftc.gov/advice-guidance/competition-guidance/gui...