Amazon Web Services Slashes Prices Cloud, Again

Amazon Web Services has slashed prices again, the second time in 30 days.

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As an economist I think I

As an economist I think I should point out that this process should continue to the point that Amazon can dominate the cloud computing industry as well as the ones it already dominates. Being that there are so many cloud storage and computing companies sprouting up, they are turning the industry into a commodity marketplace where the only real differentiation is price. So, when more of these players jump in to play, big firms like Amazon and the other leaders have to lower prices so they can keep customers.

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