Antitrust Laws In Amazon

Decent Essays
The old antitrust laws do not apply to Amazon today, but until the law is updated the rules do not apply to this company. Most people would say no to update the law but needs to examine how the law is being determined. There are three ways the courts today decide if a company is a monopoly. (1) The market share, (2) does the allege company controls the market around it, the means of delivery, acquiring, manufacturing, and financing the goods sold. (3) Judges’ use this one more frequently in their decision because it involves less judicial interference. The question is has it affected prices? The general rule is when prices go down and it benefits the consumer you do not have a major concern about market shares.

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