Amazon.com: Large Companies Are Not Dominant by Definition

Oct. 6, 2020, 8:52 PM

Amazon.com said that “large companies are not dominant by definition, and the presumption that success can only be the result of anti-competitive behavior is simply wrong.”

  • Retail is thriving and “extraordinarily” competitive
    • Online and physical retail channels are not distinct markets
  • Amazon and the small and medium-sized businesses in its store have a mutually beneficial relationship, while customers gain from convenience
  • At Amazon, private-label goods are 1% of sales
  • “Ill-conceived ideas would revive, via regulation, the failed two-store model that Amazon tried two decades ago”
  • NOTE: House Democrats Urge Internet Giants’ Breakup in Antitrust Plan

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