What's Amazon's market share? 35% or 5%?
I think most people recognize and understand that amazon neither has a relevant market share nor a monopoly in the traditional sense of the word. The author makes a good point that it is very much political as much economic.<p>The latter is important because the traditional understanding of a monopoly is somewhat antiquated with tech and has led to many people arguing to change its definition.<p>The most prominent example is Lina Kahn's wildy successful/read paper in the Yale Law Journal about amazon's antitrust paradox and how a company can operate in monopolistic ways without having a significant market share.<p><a href="https://www.yalelawjournal.org/note/amazons-antitrust-paradox" rel="nofollow">https://www.yalelawjournal.org/note/amazons-antitrust-parado...</a><p>A similar case is Apple and Spotify competing to grow their music streaming service.<p>It will be interesting to see how the current political framework is adjusted for this new economy dominated by big tech.