The fear with monopolies is that they kill off competition, and then are free to raise prices.
Amazon has been selling books at a loss for decades, and it has absolutely killed a large chunk of their competition for physical books in the US.
Amazon has been selling books at a loss for decades, and it has absolutely killed a large chunk of their competition for physical books in the US.
Buying a book for $10, selling it for $12, then spending $5 on a new warehouse is cash flow negative but not selling at a loss. Amazon isn't even cash flow negative anymore.