Almost everyone prices that way - that is how supply and demand works. Bezos's w... | Hacker News

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		kaonwarb 86 days ago \| parent \| context \| favorite \| on: Silicon Valley finally has a big electronics retai... Almost everyone prices that way - that is how supply and demand works. Bezos's wealth is ~100% due to stock appreciation, which in turn is tied much more closely to AWS than to the consumer store.

sillyfluke 85 days ago [–]

I think the point is Amazon cuts costs and reduces price first, prices out the competition through economics of scale, then once competition is eliminated is able to raise prices.

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