Quote:
Originally Posted by Tyrone Slothrop
I could use this as a response to Sebby's Amazon posts.
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I had a response to your last post, but it became so Byzantine I gave up halfway through it. My only general point would be we need to emphasize the avoidance of anti-competitive acts over the strict definition of monopoly.
I also think WalMart and Amazon are unique markets unto themselves that exert monopsony power in different sectors. But yes, that does cut against the idea of a monopsony.