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Comment by scarface_74 | Hacker News Reader

Yes, because Amazon is going to drive out every single competitor including those who physically sell commodity goods in stores out of business - including the much larger Walmart.

Is everyone forgetting just how small Amazon is when you consider all of retail?

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> Is everyone forgetting just how small Amazon is when you consider all of retail?

https://www.statista.com/statistics/274255/market-share-of-t...

June 2022, 37.8% of all ecommerce market share.

Not sure why you're comparing to physical retail considering the antitrust practices alleged are in the ecommerce space. And even if we were to compare all retail in the US, Amazon is likely to overtake Walmart across all retail come next year. https://www.ascentialedge.com/press/ecommerce-shakes-top-5-r...

Since when was 37.8 percent a monopoly?

And it was also predicted by analysts that Windows Phone would overtake the iPhone by 2017

https://www.computerworld.com/article/2473666/windows-phone-...

> Since when was 37.8 percent a monopoly?

https://www.law.cornell.edu/wex/monopoly "For instance, the term monopoly may be referring to instances where: [...] There are many buyers or sellers, but one actor has enough market share to dictate prices (near monopolies)"

> And it was also predicted by analysts that Windows Phone would overtake the iPhone by 2017

https://en.wikipedia.org/wiki/Straw_man

It’s not a straw man. It’s showing you that “what analysts predict” is completely irrelevant.

And is Amazon raising prices?

And how is 1/3 of the market enough to dictate prices?

Of course it’s a straw man. Suggesting that every single “analyst prediction” has the same value is plainly silly.

What “value” do you think it has? Do you think it would be probative in a court? Have you looked at the track record of the prediction?

It’s “plain silly” to cite a prediction as evidence.

Coincidentally OPEC is 38% of oil product based on a hasty google search. Their decisions have a massive influence on oil prices.

The FTC doesn't get to determine the relevant antitrust market. Part of Amazon's defense will be pointing out that consumers buy soap on Amazon and in physical stores alike. It will be up to a judge to decide.

And the government has lost every single case it brought against BigTech in the last 4-5 years

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