Amazon is actuall on their best and very innovative . However systematically going towards monopoly concept. On te other hand, if they are very good in what they do plus innovative then why not? the free manrket economy allows them. Good post, thanks for sharing
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That is the fundamental philosophical problem of free markets i.e. they are never entirely free - or have not been so far. Large companies like Amazon can bend and shape regulations in a manner that serves incumbents like them and disadvantage smaller companies. They have a direct line to government and they can also carry out various technical schemes that allow them to dodge taxes - something that smaller companies can't do. So the idea that we have truly free markets is an illusion.
I agree, free market creates what we call natural monopolies and Oligopolies . Thanks for your response.