ST Alpha - "FTC: Amazon had a secret predatory pricing algorithm lol -- (link)" (Reading a Post)

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FTC: Amazon had a secret predatory pricing algorithm lol -- (link)

Posted by hollywood big shot (aka pickmix) Oct 4 '23, 14:39

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https://twitter.com/WSJ/status/1709249461208207737?s=20 (twitter.com)

Responses:

Taking a break from running into that brick wall against Microsoft in order to run into a steel one -- nm - Baron Hardcoden Oct 4, 15:12 3
- seems weird to me to accuse a retailer of being a monopoly when said retailer's 2022 revenue was 519 Billion & Walmart's 2022 revenue was 572 Billion -- nm - crash davis Oct 4, 15:18 2
  - (they're not being accused of being a monopoly) -- nm - hollywood big shot Oct 4, 15:20
  - And you could back AWS out of that to go even lower. -- nm - Baron Hardcoden Oct 4, 15:20
Basically if you sell on Amazon, you can't sell your thingy for more elsewhere and get a BUY IT NOW button. -- nm - Qale Oct 4, 15:11
So, in part, the FTC is arguing that Amazon is a monopoly who had competitors... -- nm - crash davis Oct 4, 14:55 3
- and Amazon, this monopoly with competitors, had a magic computer program that made their competitors raise prices every time Amazon raised prices? -- nm - crash davis Oct 4, 15:01
- i believe they're alleging they illegally attempted to gain monopoly power, not that they are one per se -- nm - hollywood big shot Oct 4, 15:00 1
  - well they failed to corner the b*llsh*t market, that is for sure -- nm - crash davis Oct 4, 15:02

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