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Amazon's Monopoly of the tech industry is ruining the US economy

I wanted to get printer photo paper for my printer, a Canon. I went to Walmart, They had nothing. Went to Target, they had one pack of photo paper and it was crazy expensive, so I went to micro center. That one was just as expensive. So finally I went back to Amazon, which I was trying to avoid, and saw the price 25 to 40% lower than anywhere I had been. Literally everything that I was looking for, I could find within seconds. Not even Best buy has even close to the amount of inventory or variety, even when you're shopping online....

Therefore, I think Amazon has a literal monopoly in the tech industry right now, you're literally forced to buy from them, because unless you have the money and financial fortitude to protest with your wallet, you're going to be buying from them. There's no other choice. They have so aggressively and dominantly taken over the supply chain market that no other tech company can currently compete with them in any aspect at all. You will be paying 40 to 50% more on everything by cutting out Amazon, and no one has the money for that anymore unless you're upper middle class or above

219 comments
  • There are other online shops besides Amazon. I find an alternative for almost everything that I order and it's not more expensive. And finding the right product inside Amazon is so exhausting nowadays that it's not more work to compare different web shops.

  • the money and time you spent traveling to three different stores outweighs the couple bucks more you would have spent at walmart. protip: next time try staples or office depot. also, taking a moral position means sacrifice, and often times that's financial.

  • It sounds like you went to several physical stores and when their stock on hand was not sufficient you concluded your only option was Amazon. What about the rest of the internet?

    I’ve been deeply hooked on Amazon for a long time and trying to wean myself off of it for a variety of reasons. The most helpful thing in this, I’ve found, is Apple Pay.

    I happen to use an iPhone and Apple Pay is easy. It is increasingly accepted everywhere, making any online store a one-click purchase. Maybe for you it would be PayPal or Google Pay but whatever your preference is, these payment services have come a long way.

    For years I was stuck on Amazon because of the convenience. I am not ashamed - convenience is a real benefit when life is busy. And I had everything set up on Amazon, and they had most things available in their search.

    But Google Shopping also has almost everything in the world available and most or all the retailers there accept Apple Pay. So now I just do that. It works just as easily.

    You can even search on Amazon and then take note of the name of the seller and search the internet for them and then buy direct. Most have websites because Amazon fees eat into their profits. They would rather sell direct. And easy payment services plus ecommerce platforms like Shopify and Square make it easier than ever.

    Amazon is becoming a cesspool of Chinese scams these days. I am tempted to say that I still prefer Amazon because the returns are easy but the fact is that I have HAD to return a lot of things to Amazon because they were not what I thought I was buying or they were just absolute shit quality or arrived broken.

    So the point remains: you have alternatives. Use them. If you want physical stores, that’s another matter entirely and I agree those are getting fewer and worse. But Amazon doesn’t always beat them on price. You should check every time and you might be surprised. I was in my local CVS and I saw they had the exact LED bulbs I needed to buy but I thought they’d be too expensive there so I checked Amazon on the spot. CVS beat them by a couple of dollars. So check every time!

219 comments