• blazera@kbin.social
    link
    fedilink
    arrow-up
    9
    arrow-down
    42
    ·
    1 year ago

    Anti-trust means opposing monopoly, i assume you mean anti-competitive. And one company making price changes for their own prices is not anti-competitive, especially when its price increases. Thats encouraging competition. Competition is other companies aiming to sell to you for better quality or cheaper prices, and Amazon going up in price just gives competitors more opportunity to outdo them on price. That theyre taking the opportunity to raise their own prices isnt on Amazon in any way, unless it was a concerted price gouging scheme.

    • GeneralVincent@lemmy.world
      link
      fedilink
      English
      arrow-up
      39
      arrow-down
      1
      ·
      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
        link
        fedilink
        arrow-up
        4
        arrow-down
        30
        ·
        1 year ago

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

        • ElectroNeutrino@lemmy.world
          link
          fedilink
          English
          arrow-up
          2
          ·
          1 year ago

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

                • ElectroNeutrino@lemmy.world
                  link
                  fedilink
                  English
                  arrow-up
                  1
                  ·
                  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
                    link
                    fedilink
                    arrow-up
                    1
                    arrow-down
                    1
                    ·
                    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.