Submitted by giteam t3_yfovzc in dataisbeautiful
Tordoix t1_iu78tqw wrote
Reply to comment by venuswasaflytrap in [OC] Visualising how profitable (or how unprofitable) Amazon is by giteam
Not to forget that they are using their quasimonopoly as marketplace (and therefore quick access to listed prices) to undercut competitors by just one cent on many products and doing so on just the slightest of margins. This could be regulated, an open marketplace with such high relevance should not be run by an entity who also sells on said market in order to ensure free trade.
venuswasaflytrap t1_iu86k2j wrote
This is sort of one of the reasons I think a price floor of some sort might help.
It would put a minimum limit on how much vertical integration could benefit.
E.g. if somehow we say a t-shirt needs to cost at least $30, then Amazon can’t sell them for $5, so the small company who makes tshirts can compete with them.
I don’t know exactly how you could sensibly implement that - there’d be a myriad of ways to bypass it depending on how the law is phrased - but just a thought.
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