zlacker

> The alternative is a race to bankrupt all competitors at enormous cost in order to jack up prices and recoup the losses as a monopoly

I don't know of an instance of this happening successfully.

replies(3): >>kuschk+r2 >>jabron+Zf >>Frankl+552

>>Walter+(OP)
Walmart? It's certainly more successful in physical markets

replies(1): >>Walter+Vw1

>>Walter+(OP)
Amazon

replies(1): >>Walter+Xw1

>>kuschk+r2
See Amazon

replies(2): >>kuschk+8B1 >>Frankl+Q42

>>jabron+Zf
See Walmart

>>Walter+Vw1
Are you saying that Amazon is a successful monopoly, or that Amazon is even with massive expenses still not a full monopoly?

replies(1): >>Walter+xE2

>>Walter+Vw1
Different markets entirely—I can't walk into amazon, and I don't order online from Walmart.

replies(1): >>Walter+K53

>>Walter+(OP)
taxi apps, delivery apps, social media apps—all of these require a market that's extremely expensive to build but is also extremely lucrative to exploit and difficult to unseat. You see this same model with big-box stores displacing local stores. The secret to making a lot of money under capitalism is to have a lot of money to begin with.

replies(1): >>Walter+rE2

>>Frankl+552
Taxis are a government created monopoly.

None of the big-box stores have created a monopoly.

Amazon unseated behemoth Walmart with a mere $300,000 startup capital.

Musk founded his empire with $28,000.

>>kuschk+8B1
Walmart competes with Amazon.

>>Frankl+Q42
You can order online from Walmart:

https://www.walmart.com/

Amazon can ship it to a location near you.