Well that standard claim is utterly bunk given the reality is that we cannot just choose to switch to a different supplier when:
1. Most of the time there is no alternative
2. Even when there's alternative, it's probably crap
3. If the alternative isn't crap, then the existing market players will engage in anti-competitive tactics until there are only crap market players remaining.
Amazon is, by any definition, a company engaging in illegal anti-competitive business practices. Losing money in order to stifle competition is nothing new, and it's still as illegal as it has ever been: very.
1. Most of the time there is no alternative 2. Even when there's alternative, it's probably crap 3. If the alternative isn't crap, then the existing market players will engage in anti-competitive tactics until there are only crap market players remaining.
Amazon is, by any definition, a company engaging in illegal anti-competitive business practices. Losing money in order to stifle competition is nothing new, and it's still as illegal as it has ever been: very.