Theres this thing called the justice department
They're doing an incredible job at clamping down on other companies who are way worse than Amazon /s
Theres this thing called the justice department
So what is the article suggesting as the answer? Raise prices and find other ways to inconvenience the customer so others can compete? What exactly stops Best Buy or Barnes and Nobles online shops from competing with Amazon in the same way a company like Newegg can price wise?
Their retail stores basically. They have to keep far more inventory on hand for longer periods. Plus all the costs of the stores themselves.What exactly stops Best Buy or Barnes and Nobles online shops from competing with Amazon in the same way a company like Newegg can price wise?
They're doing an incredible job at clamping down on other companies who are way worse than Amazon /s
I dare you to find one company that threatens a specific market more than Amazon does with books/publishing.
One of the comments points this out from the article:Same with publishers. I'm not really sure why a publisher is needed in 2014 but considering they basically all colluded to raise prices I'm pretty sure they're just freaking out because they are also a relic. I doesn't help that a bunch of old guard authors have Stockholm syndrome.
So, no matter how large they grow, publishers will continue to strip away costs to satisfy Amazon. And more attention will fall on a strange inefficiency at the heart of the business: the advances that publishing houses pay their writers. This upfront money is the economic pillar on which quality books rest, the great bulwark against dilettantism. Advances make it financially viable for a writer to commit years of work to a project
I dare you to find one company that threatens a specific market more than Amazon does with books/publishing.
Barns and Nobel can't even price match their own website.
So what is the article suggesting as the answer? Raise prices and find other ways to inconvenience the customer so others can compete? What exactly stops Best Buy or Barnes and Nobles online shops from competing with Amazon in the same way a company like Newegg can price wise?
I can understand the points of the article. Powerful players like Walmart and amazon can dictate to the corporations that make products they sell. That can lead to bad things.
But they are powerful not because they are eliminating competition, but because they do everything better than the competition. And the consumers love them.
Amazon didn't get to where they are now by simply eliminating completion-they got there by ensuring they provided their customers an extraordinary experience. Comcast is a monopoly because I can't get another choice in my area for Internet acess. I can get the products on Amazon anywhere else-I choose to give them my business.
I don't blame them. It's poorly written and nonsensical.doesnt seem like anyone in the thread actually read the article.
I don't blame them. It's poorly written and nonsensical.
We have to stop Amazon before it's too late! They keep expanding into new sectors!
Nevermind the monopolies that already exist. He even talks about AT&T (the OLD AT&T) without mentioning the current telecoms and cable companies. It's tone deaf.
And those companies are consistently the worst in customer service, while Amazon is consistently one of the best. How about we focus on the currently shitty companies rather than the good ones that may or may not someday join their ranks?
doesnt seem like anyone in the thread actually read the article.
I agree. It is bad for everyone if they are a monopoly.
I am sure hypocritegaf doesn't mind though. They are only social justice warriors when it is the cool and trendy thing to do.
Important quote from this article, since the whole idea is that the threat is being redefined. We're kind of back in the wild west as far as dealing with new juggernauts is concerned.TNR.com said:In effect, weve been thrust back 100 years to a time when the law was not up to the task of protecting the threats to democracy posed by monopoly; a time when the new nature of the corporation demanded a significant revision of government.
Set prices too low, it's predatory.So what is the article suggesting as the answer? Raise prices and find other ways to inconvenience the customer so others can compete?
The only bummer is most of the local restaurant stuff requires a day or two lead time on your order. I'm not good at planning ahead.
Diapers and zappos are examples of using power to eliminate the competition before they have a chance to 'do anything better' or if they are in danger of doing so.
I don't blame them. It's poorly written and nonsensical.
I think this post is pretty nonsensical, but I haven't read it yet.It's neither, even if you disagree with the argument, but what is actually nonsensical is defending people not reading the article they're commenting on on the basis that they may have preternaturally realized that it would be nonsensical without having read it. Part of being able to authoritatively say an argument makes no sense is having to read it to be sure, rather than dismissing it conceptually because it sounds dumb in thread title form.
It'd have to hit all their databases or something no?The more I think about it the more I realize that the main reason I use Amazon is because I don't know of a way to easily check if an item is in stock at a store near me, without manually checking every individual chain's database. Has anyone ever built a thing like that?
Finally, the monopoly to end all monopolies; the monopoly that charges as low of prices as possible and never gives out dividends due to being focused entirely on growth and innovation-wait.
One of the comments points this out from the article:
So what is the article suggesting as the answer? Raise prices and find other ways to inconvenience the customer so others can compete? What exactly stops Best Buy or Barnes and Nobles online shops from competing with Amazon in the same way a company like Newegg can price wise?
Places like Best Buy and Barnes and Noble lack the infrastructure and have the additional burden of retail stores.
True to form Amazon does it better: http://www.publishersweekly.com/pw/...ing-new-crowdsourcing-publishing-program.html
Oh God, I hate PayPal. I have had nothing but trouble with them, and there's no alternative most of the time. What an example of a terrible monopoly.Thats why Peter Thiel, the creator of PayPal, has argued that the term monopoly should be stripped of its negative connotation.