Quote:
Originally Posted by Andy83
The amazon one will be interesting for me. If you'd have asked me what percentage market share would be a practical monopoly, I'd have said something like 70% minimum, and probably laughed at the suggestion a company with less than at least 50% of the market being considered a monopoly. Amazon accounted for just over a third of online sales in the US in 2023, yet it feels a lot closer to what a monopoly actually is in practice. Interesting.
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https://www.forbes.com/sites/steveba...trust-problem/
That’s probably a good summation of why it is a concern. They edged up to 40% of the US in 2024. They also have significant cloud computing market share. If the US doesn’t do anything with antitrust I think Amazon will eventually split like GE