• GeneralVincent@lemmy.world
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    1 year ago

    Amazon owns both the product and the platform. They often are involved in the delivery of the products as well. This gives them quite a bit of control over other companies selling on their platform. They can push whatever product they like to the top of the page. They can copy other products and push the original to the last page of results, and then drop their price until the other company can’t compete, and then raise their prices.

    They have a lot of control which allows them to be anti competitive. And allegedly they use that

    • blazera@kbin.social
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      1 year ago

      None of that is what this article is talking about. This is just about them raising prices.

      • ElectroNeutrino@lemmy.world
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        1 year ago

        Price fixing, whether explicit or implied from conduct, is absolutely something anti-trust regulations were designed to prevent.

              • ElectroNeutrino@lemmy.world
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                1 year ago

                Yes, which is the price-fixing I was talking about. There doesn’t need to be an overt agreement to fall under price fixing.

                • blazera@kbin.social
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                  1 year ago

                  It does need at least an implied agreement of companies intentionally working together to raise prices. A computer program to determine your own prices does not imply working with any other company.