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caption: Standard Oil depicted as an octopus, parodying its status as a monopoly.
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Standard Oil depicted as an octopus, parodying its status as a monopoly.
Credit: Public Domain

Is Amazon really skirting antitrust law?

In 1890, the Sherman Act was passed. Its purpose was to preserve a competitive marketplace against potential consumer abuses.

But the law isn't supposed to punish "innocent monopoly," or monopoly achieved by merit alone. So the question is: how innocent is Amazon’s monopoly?

Seattle University Law professor and antitrust expert Jack Kirkwood explains.