Tuesday, November 6, 2018

Monopoly

Trump has recently expressed concern about the monopoly power of certain companies. The concern about Google and Facebook may well be warranted since they can use their power to influence political thought but a company like Amazon is not in that category. Amazon is much like Ma Bell in the 50's. The telephone was the best of bargains based on what you paid and the benefits received but people were upset because AT&T was making too much money. It didn't matter that they were getting a good deal they wanted a better deal by forcing the company to break up with the idea that rates would then come down. Amazon is providing an excellent service at a reasonable price and people are happy with the company. They are not influencing any political thought but some people are upset because Amazon doesn't have enough competition. Others feel that since Amazon now owns the Washington Post they should be tossed in with Facebook.

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