It stole it? The market share was the legal property of those retailers? How? Where can I purchase some market share?
A company like Sears was well positioned to compete with and crush a fledgling Amazon if they had had the foresight and wherewithal to do it. They didn't, so they lumbered on doing the same thing they always did as the world changed around them and they eventually became irrelevant.
Other companies like Wal-Mart and Best Buy adapted and have remained competitive. It has nothing to do with sneaky Amazon burgling market share that is somehow the rightful property of someone else. That's not how that works. Amazon won the market share by doing a better job of serving the market.
Are you truly defending Amazon, one of the leading stars of anti-competitive practices - in-fact the textbook definition ? I am utterly flabbergasted and also a bit scared that someone on HN thinks that what they do just fine and dandy.
Where to start ? Shall we talk about the way they changed their algorithm to put their products first after claiming with a straight face they were only a neutral market place ? This while exercising 40% (and rising) of all e-commerce in the US ?
https://www.wsj.com/articles/amazon-changed-search-algorithm...
The company that blocks sellers from using Fedex ? That flexes its control - illegally - on logistics ?
This is just the tip of the ice-berg. We can go talk about the corruption behind Amazon's Choice program, their environment sustainability "joke", the Amazon "real worker ambassadors' who are "paid to praise" on social media and claim "great working conditions" while shooting down genuine grievances. Corporate Communism at its finest - praise the Party of Bezos - makes the CCP look like an amateur.
You can vote out Trump. You can't lift a finger against the march of Bezos and Amazon.
They are a horror company who are a clear and present danger to both US capitalism and democracy.
Several nations and states have now opened anti-trust investigations against Amazon. Lets pray something comes out of it or the world will be kneeling to Bezos before too long.
A company like Sears was well positioned to compete with and crush a fledgling Amazon if they had had the foresight and wherewithal to do it. They didn't, so they lumbered on doing the same thing they always did as the world changed around them and they eventually became irrelevant.
Other companies like Wal-Mart and Best Buy adapted and have remained competitive. It has nothing to do with sneaky Amazon burgling market share that is somehow the rightful property of someone else. That's not how that works. Amazon won the market share by doing a better job of serving the market.