- An article in WIRED explores the case for Amazon (NASDAQ:AMZN) being a monopoly:
- "During his campaign for president, Donald Trump claimed Amazon was a monopoly he would go after for anti-trust violations if elected... Even just judging by the latest holiday sales numbers, Amazon so decisively dominates online shopping that other retail giants can barely compete. If Trump decided to make good on his promise, should Bezos be worried?
- “As a legal matter in the U.S., being a monopolist requires high market share and the power to exclude others from the market. But Amazon’s business actually depends on including other sellers: its third-party marketplace, which allows others to sell stuff on its site, makes up a huge part of Amazon’s business."
- Read the whole article here.