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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Monopoly should be a relatively high bar.
Amazon does not have anywhere close to anything resembling a monopoly. MS, google, and even oracle have competitors.
In terms of their shopping platform, shopify came in and are competing with them directly....never mind the temus, aliexpress, etsy, ebay, propriety retailer platforms.