@Koodkush, unfortunately your reasoning is not correct and any psychologist will prove this also.
Companies are not autonomous entities with their own control and will, they are people following a strategy.
Greed is the human behavior controlling the strategy, and in this case the result and end goal of that strategy is exterminating any competition.

Amazon was the first company to do so because of the greed of a small group of very large investors that ACTUALLY PLANNED to wipe out the competition through long term planning. They accepted to eat billions in losses through a time span of over 10 years to reach that goal because they were greedy enough.

There is a difference between being greedy to earn money, and being greedy enough to kill off your neighbours while doing so.

Yes that's business. Try to take out and outperform the competition. I would do the very same thing if I were Google or Amazon and so would you.

If I could make all my competition disappear today, I would do it. And so would you, unless you are a liar.

However, this basic economic principle is why we need a higher power to step in when all the competition is taken out. Like it did with standard oil in the early 20th century.

[edited by: Robert_Charlton at 3:33 pm (utc) on Nov 2, 2020]
[edit reason] cleanup after thread split [/edit]

@Dooku Amazon is following the typical East Asian model for becoming dominant in a market. Sell your products with little to no profit, or at a loss, for years until you run all the competition out and you control it all. Japan, Taiwan, South Korea, and China all built their industrial economies on this model using government subsidies to fund their nascent industries for years. Meanwhile, the industrial base of the USA and Western Europe was run into the ground in the process. Jeff Bezos apparently learned this lesson well. Tech is the only field where you can leverage other people's money to subsidize losses for years while you achieve dominance and destroy your competition.

And what Bezos did is smart and he deserved credit.

However, Government must step in and split up the monopolies, before the monopolies become the Government and you end up with China. (though they got there by different means)

The military industry was the big lobby 20 years ago and influenced a lot of decisions (wars), now it is big tech. Now think about what kids of goals they might have. Its not as straight forward as the military industry btw.

@GoodKush The military industrial complex is alive and well...it robs the US taxpayers of almost $700B a year and isn't going away any time soon. Corporations can never become the government or become totalitarian for one simple reason...they depend on consumers and consumers can stop spending. Corporations can, however, become coopted into a totalitarian regime...Fascist Germany and Italy had that economic model...that's how VolksWagen (The "People's Car") became so enormous as a company.

The issue with big tech is that they have infiltrated every aspect of our lives and people want what they provide, especially when it's free. The tradeoff is allowing them to profile you, track you, steer you, and make a profit off of your data. When government starts to mandate the regulation of the sale of data, then they will be in trouble as they'll have to switch to a paid model. How many people will pay Facebook, Instagram, or any other social media? They'll lose half their user base in a short time. Google is a different animal...we need what it provides.

"If I could make all my competition disappear today, I would do it. And so would you, unless you are a liar. "

@Goodkush, please do not speak for me nor anyone else that does not adhere to your principles which you take for granted as being right, but ethically wrong.

I try to be better than my competitors and I get customers because they know I provide a better service.
I am not out to get rid of my competitors in any way shape or form, simply because they keep me sharp.

Your train of thought displays some lack in character by not allowing anyone else his own, and thinking everyone else must be the same as you. I respectfully resent that and hope you will broaden your horizon.