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RE: Is Amazon Too Big? Monopolies and the Price of Convenience.

in #technology7 years ago

I don't feel like they are too big personally because I feel like people have a lot of other options to get their products oftentimes at a cheaper price. Here in the United States you can get stuff on NewEgg.com that is electronics related oftentimes at a cheaper price because depending on what state you are in you probably won't have to pay tax from NewEgg but you will with Amazon. Also getting stuff off eBay is usually cheaper as well.

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True but I don't think it is an exact comparison. Even if they haven't reached the stage about being too big yet, they will given time!

Yeah it is going to continue to get bigger but I remember over 10 years ago people were saying Wal-Mart was getting too big because it ended up being 2% of the US GDP or something but there are still places like Target, Costco, Lowes, Home Depot.....etc.

It is tough in some ways to beat Amazon because they have been able to operate unprofitably for 20+ years. It is tough to beat that but once they continue to ratchet up fees and stuff like that there are opportunities for other companies to operate at a lower cost without all the warehouses.

One thing Target is doing is shipping products directly from their stores to their customers to get it to them faster instead of going out of the huge distribution centers to compete with Amazon.

Interesting so one way to fight it is for companies to play to their own strengths rather than trying to beat them at their own game.