Thank you very much.
Diapers.com was an online business selling diapers in this competitive market that Amazon says is out there. Jeff Bezos wanted to buy it. They refused, so Amazon went to predatory pricing. Amazon was losing $100 million on diapers every three months to put a competitor out of business or to force them to sell. They finally agreed, because they were afraid Amazon would drop prices even lower.
We talk about antitrust because of the “kill zone” of innovation that The Economist is talking about, but with Amazon, it's the kill zone of competition—the power that you have through all of your platforms to drive down prices and actually put people out of business. Shaoul Sussman says that the predatory pricing practices of Amazon are antitrust in nature and need legislation.
What do you say?