Re:The FTC Sues to Break Up Amazon over an Economy-Wide “Hid...
by sib on Wednesday October 04, 2023 @10:36AM
(#37765817)
And if lots of items became available on other sites, but not Amazon (as per the theory being propounded), then Amazon would no longer control 35% of all US e-commerce.
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Re:The FTC Sues to Break Up Amazon over an Economy-Wide “Hid...
by neilparikh on Wednesday October 04, 2023 @10:44AM
(#37765928)
This is a classic coordination problem: you need all the sellers to leave together so that individual merchants don't take a loss. And coordination problems like this are one of the main areas government action can help!
Re:The FTC Sues to Break Up Amazon over an Economy-Wide “Hid...
by AlanYx on Wednesday October 04, 2023 @10:58AM
(#37766121)
Also, I'd imagine that coordination would probably leave them vulnerable to their own set of anticompetitive allegations (i.e., some variant of cartel behavior/price-fixing). To the extent anyone acts, it would probably have to be government.