Amazon Has Turned Into an Monopolistic Shithole Littered With Pay-to-Play Ads, FTC Lawsuit Solemnly Argues

Lee Duna@lemmy.nz to Technology@lemmy.world – 917 points –
Amazon Has Turned Into an Monopolistic Shithole Littered With Pay-to-Play Ads, FTC Lawsuit Solemnly Argues
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How long has Amazon been operating in your market? Their MO is capturing a customer base with low prices and good service, followed by capturing sellers by offering them access to said customer base. After having locked everyone in their last step is to extract all possible value from both groups. Their playbook is creating a chokepoint to force themselves upon everyone for trade.

Check out Chokepoint Capitalism.

Competition is far fiercer here, they have to contend with Alibaba-backed platforms as well. I also have access to Taobao. It's not going to be as straightforward as it is in the USA.

I believe you, but the ultimate goal for all of those platforms is monopoly, looking at their track record. Like Peter Thiel said, competition is for losers.

I'm really not sure why you're arguing with me, and where you're going with this? I feel like you expect me to denounce Amazon and give up all ecommerce platforms, is that what you expect me to do?

Geez, what crawled up your ass and died? No need for hostility, I am simply expressing my thoughts. Do whatever the fuck you want, I’d take advantage of the honeymoon phase and drop them like a hot sack of shit once the find out stage begins.