Heaven forbid a store sells its own products.
What if Nintendo starts selling their most profitable products on their store?
Or Whole Foods starts stocking expensive food products?
Or the Rolex store in the mall promotes their most expensive watches, when the $5 timex keeps time better?
When will the madness end?
Tragedy of the commons is a remarkably powerful business model. Everyone knows that collectively they're going to be fucked over by Bezos in a generation or so, but since everybody knows it, they're powerless to avoid it, because individually each person is just screwing themselves over by not buying from Amazon.
How so? I haven't noticed Amazon UK being particularly competitive on price for many years.
I just randomly checked a camera backpack, £219 on Amazon and Wex both with free delivery.
Canon 6D2, £40 cheaper than Amazon on Wex and Currys.
Amazon are like Ryanair these days, coasting on a low-price reputation that is long gone. They each do occasional headline sales of things people don't want for pennies but the overall trend is up.
Something I've noticed is that many of the Amazon deals in the UK are really just price matches to other retailers, they know they can still likely make a profit due to their favourable tax arrangements.
Do you think that supermarkets selling house brands hurts consumers?
Don't dismiss it. If a $10 store brand shirt lasts you 5 washes, then you were hurt by not buying a $20 brand one that lasts you years. (granted that you may not have $20 at the same time you need a T-shirt)
Same for food items: store brands might be xx cents cheaper but lesser taste, quality and nutrition might put you in red.