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Old 04-09-2020, 09:15 AM
  #21  
senecacaptain
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Joined APC: Nov 2019
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Originally Posted by BlazingSaddles View Post
true the slight difference is that when amazon goes into a new market they do it with the intent to dominate. Bezos has said before “their profit margins are our chance to to come in lower”. Not an exact quote but you can get the point. Amazon makes most of its money from AWS so al the marketplace, shipping, etc can be done at almost break even cost. Yeah that may not always be the desire but it can be done and they still stay in business and making money whereas a business that only serves one market can’t. Take Walmart. People used to hate Walmart for putting other businesses out of business. Look how many amazon has run under and people still love them.....and they probably will until they get so big they’re the only choice and their prices go up. I don’t know if any other company that’s come in and tried to take over just about every market they can get into except amazon
I think the above is capitalism 101. Remember, the founders of NetFlix originally went to BlockBuster Video with their idea first.

Blockbuster laughed them out of the office.

then NetFlix got created and "dominated" per free market forces.
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