Amazon's Pricing Power and Market Impact

This chapter explores Amazon's complex pricing strategies and their effects on competition and market health, emphasizing the tension between short-term consumer benefits and long-term monopolistic risks. It critiques existing antitrust laws and discusses the historical evolution of monopolistic definitions in relation to contemporary market dynamics. Through the lens of Amazon's dominance in various sectors, particularly e-commerce, the chapter highlights the challenges faced by smaller competitors and the need for modern regulatory frameworks to address these issues.