FTC: Amazon "extracts enormous monopoly rents from everyone within its reach."

FTC files “the big one,” a lawsuit alleging Amazon illegally maintains monopoly::FTC: Amazon “extracts enormous monopoly rents from everyone within its reach.”

  • jackalope@lemmy.mlEnglish
    31·
    9 months ago

    Monopoly as used by professional economists doesn’t refer to a literal 100% marketshare. It refers to distortion.