Amazon, E-Commerce and Monopolies

A couple of interesting comments in response to my post yesterday on Matthew Yglesias and Amazon. First, JW writes: I’m not sure I agree with your point…I think the reason e-commerce and Amazon are less scary is that it is harder to charge monopolistic prices because entry is so easy. If Amazon starts charging monopolisticContinue reading “Amazon, E-Commerce and Monopolies”

Matthew Yglesias Does Not Seem to Understand E-Commerce

Matthew Yglesias is skeptical of people who think e-commerce giant Amazon has a creepy, monopolistic plan to take over the world of retail. He quotes Jay Goltz, ‘proprietor of a small retail store’ as saying it is ‘impossible to make money competing with Amazon…because Amazon itself isn’t making money’: Why would a company choose toContinue reading “Matthew Yglesias Does Not Seem to Understand E-Commerce”