Amazon will make the movies, host them on AWS, stream them to their Firesticks, shows them through Amazon Prime on glowing rectangles bought in their store and monetizes it all with their ad service. How is that not a vertical monopoly?
Because vertical integration is neither a necessary or sufficient condition for a monopoly.
It’s a non sequitur.
These megacorps shouldn't be allowed to enter fifteen different industries and kill off the incumbents. This is absurd.
Amazon is internet services infra, shopping, logistics, fulfillment, consumer hardware, networking, a payments stack, publisher, grocery store, and now a fucking entertainment company.
They track us, turn us into non-owner subscribers, and prevent us from building companies that can compete with their scale. We're eternally subservient. It's not healthy for innovation!
Break up Apple.
Break up Amazon.
Break up Google.
How many of these do they have a monopoly on? Keep in mind, the definition of monopoly is: "the exclusive possession or control of the supply of or trade in a commodity or service."
They did it to open source, bookstores, retail.
Maybe you don't see the end goal, where every restaurant is Amazon and you rent your home from Jeff Bezos?
Maybe you're not worried and you trust these people?
Maybe you don't want to compete and you just want to be an employee?
I don't know. But this is wrong. You can't compete with this, you're forced to work with it. It decreases degrees of freedom and angle of attack for everyone else.
From Amazon's perspective, their moat becomes an ocean. That's hard to swim in.
Now, if they use a dominant position in one industry to gain advantage in another, that is a different story, but also a harder thing to show.