Amazon A Monopoly Case Study

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mo·nop·o·ly noun the exclusive possession or control of the supply or trade in a commodity or service. Amazon is currently one of the biggest growing companies and is slowly owning the game. So let's take a deeper look at the company and see how it resembles a monopoly. Monopoly’s have been quite a bad thing in the past becoming extremely corrupt buying other companies and then just shutting them down. That is why there is a law preventing for a monopoly existing. There are many characteristics of monopoly’s and a lot of them exist in a lot companies, but one that is growing at an extremely fast rate is Amazon. Amazon is taking over the food stores, Amazon is now worth two of Walmart. Amazon has now already made a grocery store and it currently…show more content…
Why are these companies not as big as Amazon? The reason is just simply Amazon provides more than they can. Amazon started with Ebay and Craigslist format and turned it what they have currently which is a music, food, movies, and anything else you can think of provider. So let's take a closer look at ebay and craigslist and say there with, both as big as Amazon would they become a monopoly, the answer is simple no, they would not become a monopoly for one simple reason and that is become people sell their own products on their website. This is where Amazon is actually shown to not be a monopoly and will never become one because amazon isn't the provider of the things are are being sold they are simply being sold through…show more content…
They are also trying to own the game in music and video but they have their rivals such as Spotify and YouTube, Netflix, and Hulu. Amazon has already became a household name which is understandable because of how fast they are growing but being a household name also allows them to grow. Amazon is also trying to help college students by giving them half a year free and fifty percent off of the normal price that you have to pay for Amazon Prime. Amazon even has their own charity funding where .5% of the applicable product purchases go towards charity this is called Amazon Smile. That is another thing that most monopolies tried to do in the past is that they never tried to help people it was the corruptness of the people running the company wanted so much money but, that is where Amazon is different Amazon donates to charity and makes sure people are happy. Nobody can deny that Amazon is a gigantic powerhouse company because of how much money they make but, you cannot say that they are a
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