Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power
by fshbbdssbbgdd on Tuesday September 26, 2023 @07:19PM
(#37667233)
It’s not connecting for me how breaking up monopolies is going to stop Chinese clones of Western products from winning price wars. It might change how the margin gets carved up between the people who make the clones and various middlemen but how would it stop the overall trend of cloned products?
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Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power
by eru on Tuesday September 26, 2023 @08:22PM
(#37667915)
We should encourage more price wars. They are good for customers.
Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power
by chii on Wednesday September 27, 2023 @12:58AM
(#37670351)
Except once the price war is over, the consolidation of market share to one or a few players means that there is a good chance of monopoly pricing.
Unless, if the price wars are never over.
Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power
by eru on Wednesday September 27, 2023 @03:53AM
(#37671495)
> Except once the price war is over, the consolidation of market share to one or a few players means that there is a good chance of monopoly pricing.
Almost never happens like that.
Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power
by j16sdiz on Wednesday September 27, 2023 @05:09AM
(#37672101)
It always happen like that.
That's why there are anti-dump rules on international trades.
Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power
by tonyarkles on Wednesday September 27, 2023 @12:42PM
(#37677352)
Heh, a couple of years ago (maybe true still?) Canada had a 99%! tariff on aluminum extrusion from China. And it was still cheaper than domestically sourced material at twice the price.
Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power
by eru on Wednesday September 27, 2023 @11:18PM
(#37684788)
Alas, no. Just because there are certain rules, and just because people say that those rules are for a specific reason, doesn't imply any actual causality between the reasons given and the rule existing.
Especially anti-dumping rules are most often just exploited as a tool to get a competitor in trouble.
Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power
by adaptbrian on Tuesday September 26, 2023 @08:30PM
(#37667991)
It's all about discoverability, you wouldn't find them, tree falling in the woods, no one is around. Does it make a sound?
Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power
by fshbbdssbbgdd on Tuesday September 26, 2023 @09:09PM
(#37668378)
I would expect if Amazon disappeared, since people can’t go there to search for products to buy anymore, they’d use Google instead, or some other product search aggregator sites. They’d presumably still list the cheap sellers first (or whoever pays for an ad slot). That would be a huge change in the e-commerce industry, FTC can argue it benefits consumers because the prices of everything will be cheaper without Amazon’s fees, but I’m not seeing how to reduces the prevalence of cloned products.