Comments by "L.W. Paradis" (@l.w.paradis2108) on "Amazon's RIGGED THE MARKET, Looking To CRUSH Antitrust Legislation: David Sirota" video.
-
16
-
10
-
@nicktoofar3514 So, because of monopoly power, small vendors have little choice but to sell on Amazon, and Amazon has the means to analyze the market, which the small vendor was able to stake out at significant risk, then make an imitation of the same product at NO risk, and promote it ahead of the original -- and on top of it, undercut the price. This spells the end of that small vendor. Do you really not appreciate the marginal value of a dollar to a behemoth (basically nil), and the power of concentrated wealth? Of course, Amazon won't do that to everyone, because then the jig would be up. But they can do it to a LOT of people, and keep doing it, because of their dominance. How do you think someone ends up with a net worth the equivalent of 50 million+ bucks a year for every year since Year 1? (How do you think Amazon got to create billionaires without turning a profit for years and years? But that's another story.) Gosh people have no clue how vast fortunes are acquired.
4
-
1
-
1
-
1