Amazon Used Secret ‘Project Nessie’ Algorithm to Raise Prices

Re:Amazon Used Secret ‘Project Nessie’ Algorithm to Raise Pr... by panarky on Tuesday October 03, 2023 @05:24PM (#37757767)

In my testing about four months ago, Starlink had between one and seven outages per day lasting more than 10 minutes each. It was not reliable, and it's even more costly than the local monopoly.

My reply wasn't asking for help to find an internet service provider. There are actual monopolists extracting monopoly rents right this minute. They're causing genuine consumer harm right now, so stopping this harm should be the priority of regulators.

Where there is no ability to access competitive offerings, these actual monopolists are a different league of economic pathology from markets where consumers can access competition by clicking around in their browsers.

[ Parent | on HN ]

Re:Amazon Used Secret ‘Project Nessie’ Algorithm to Raise Pr... by BlueTemplar on Wednesday October 04, 2023 @03:38AM (#37762059)

Yes, Doctorow's article talks in the end about the exceptional nature of universal computing which means that competition is always an option.

But yours isn't a hard case of monopoly either, the main thing preventing you from creating a competing ISP is your local laws, which are failing antitrust to the point one wonders how they ever came to be ?!?

(We also shouldn't discount the importance of network effects.)

[ Parent | on HN ]