re: Amazon is a monopoly and needs to be broken up

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We don’t need the government involved with internet providers.

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Then we don't need them involved with Amazon either.

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Might have something to do with being near three international airports, a shite ton of smaller airports, the location in the northeast, the shipping infrastructure, being a major international hub, the ports, etc.

Still confused? I can’t help you.

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You can achieve all of those things without being in Queens or any of the other 5 NYC boroughs.

Look, I hate both Amazon and Google.

But Amazon is nowhere near the "monopoly" Google is.

Google drives like 90+% of internet traffic worldwide. There really isn't a competitor.

Amazon? It may be big, but it doesn't control anything. You can get anything Amazon sells elsewhere. It's just the modern world's "Sears".

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Look, I hate both Amazon and Google.

But Amazon is nowhere near the "monopoly" Google is.

Google drives like 90+% of internet traffic worldwide. There really isn't a competitor.

Amazon? It may be big, but it doesn't control anything. You can get anything Amazon sells elsewhere. It's just the modern world's "Sears".

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Parmen has an issue with Bezos' political views (e.g. Anti-Trump) and wants the government to go after his business for it. That's all this thread is masquerading as. Sounds like fascism to me.

It is only a matter of time before amazon runs the World and own everything

When I started selling on Amazon it was 2001 or 2 and they were just starting to roll out beyond books. They contacted me to upload my ecommerce stuff to their site for an exorbitant percentage of my already thin margins. I told them no thanks. But since they weren't in my market yet they came back and kept trying. I beat them out of 2% on their end. That later was enough to beat everyone else they added in that market and got me in the multimillion in sales tier within 18 months.

I knew when I saw what their template was, and after reading the contract, what they were going to become because what the business model was was brilliant. They were getting me and everyone like me they could add to it, to build a huge data gathering device where I would basically pay them for the privilege of them getting to see what my best sellers were and then contacting those manufacturers to go direct. I wouldn't be cut out technically since I was still going to be selling on Amazon, but since their algorithm for placement took into account price and fulfillment times as well as a few other things, I was not going to beat them once they took my best sellers, beat up my manufacturers on volume sales, and started fulfilling directly.

And that's exactly what they did. And they'll continue to do it until there's no other market to penetrate. And the more they do it, the more they'll be able to do it.

It's a new kind of monopoly. They get you to build them, then they take the profits out of your market. And I gotta say, I respect the hell out of it because it took some serious understanding of what ecommerce was going to be capable of. And it took the ability to sell that to investors with the understanding that for a long time, they were going to be running in the red, but once they started phase 2 in a market and monetize all that data with targets marked and taken direct, they just rolled it back in and would do it in another market.

It's not going to end till they've got it all. I said back then that one day they'd buy Walmart. I still say that. And they'll buy it in a fire sale.

I am reluctant to support intervention in areas like this, but the fact is, they are a juggernaut that nothing else can stop. Not sure they should be. But their end game is not competition. Their end game is domination. There's really only one other company that could have a prayer against them at this point is maybe TaoBao/Alibaba. But that's because when it comes down to it, they've got the Chinese government that will support them in the end.

If the determining factor for these types of mega companies is going to ultimately be government in the end, then we might want to get in on that now while we still can.

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They’re opening a second HQ in Queens, where I grew up, and it’s gonna ruin the city economically.

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Yeah because nothing will ruin a city economically faster than a giant internet based company putting its second headquarters there. There was a line of cities waiting and hoping to be ruined.

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Amazon is a monopoly and needs to be broken up

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Amazon is not a monopoly, but it is being subsidized by the USG and has unique access to government run agencies, such as USPS, at taxpayer expense.

I think it was only recently that Amazon turned a profit from their platform, and I'm certain they performed a bit of frickery on the books to achieve that. For an example of what Amazon should be, go check out Overstock.com, which was profitable long ago, and is run by a very intelligent, honorable, libertarian CEO.

It's clear that the state views Amazon as infrastructure, and will protect and subsidize them as much as possible. That should stop. Of course, it won't stop, it will continue indefinitely. Even monopoly laws won't stop it, just reconfigure it.

yeah healthcare prices may go up with them in it
Everything Amazon gets into prices go down

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Parmen has an issue with Bezos' political views (e.g. Anti-Trump) and wants the government to go after his business for it. That's all this thread is masquerading as. Sounds like fascism to me.

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Lol melt!