As I wrote my last piece about the seven upcoming stock splits, I started wondering if Amazon was positioning itself to become a monopoly. I started to consider its monopolistic behavior, such as the many ventures it has taken on such as: Book publishing, seller marketplace, streaming, grocery delivery, and pharmacy. If we are thinking about this using a synergy approach, then the combined performance of two or more divisions working together is better than working individually.
The definition of a monopoly as defined by Investopedia “is a dominant position of an industry or a sector by one company, to the point of excluding all other viable competitors. Monopolies are often discouraged in free-market nations. They are seen as leading to price-gouging and deteriorating quality due to the lack of alternative choices for consumers. They also can concentrate wealth, power, and influence in the hands of one or a few individuals.”
So what do you think? I want your perspectives before we dive into antitrust laws and the laws preventing monopolies.