FTC Sues Amazon for Illegally Maintaining Monopoly Power

Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power by ameister14 on Thursday September 28, 2023 @07:21AM (#37688027)

The FTC is arguing that Amazon is actually raising prices, so no, consumers don't win.

You don't need to have lower prices long term if you control the market.

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Re:FTC Sues Amazon for Illegally Maintaining Monopoly Power by hellojesus on Thursday September 28, 2023 @02:29PM (#37693651)

But if you raise the products now you have the opportunity for others to re-enter the market since there is arbitrage room.

I get the argument, but it's a grim reaper strategy taught in econ 101. It's a well known strategy and completely valid.

Consumers win in the short term but lose in the long term. Except they can just consume different products or wait for someone to re-enter the market.

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