Whenever I read the replies on my popular tweets about Amazon, I realize that people have largely forgotten just how godawful online retail/delivery used to be. Maybe it's not fair to give Amazon *all* the credit, but it did force everybody else to raise their game substantially
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It's dangerous to get to a single failure point by removing all of the alternatives, too. This is the mechanic people are concerned about with Amazon. No monopoly arises via incompetence of the monopolist
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It's very feasible to maintain a monopoly while being terrible at what you do if you're *not* terrible at fostering a regulatory environment in which it's functionally illegal to compete with you. That's a real danger. People patronizing businesses that perform great? Not so much
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Yes. I've thought more than once recently, it's terrible bad luck that Trump is president of the USA now, but it's good luck that Bezos is running Amazon.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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