For example, this ASUS S14X laptop from Amazon is $851, and never dropped below $849 confirmed by Camel. Even with a 10% discount, it is never going to beat the deal from NewEgg at $700.

As Amazon is usually the first destination for people to look for anything, and with market penetration as high as 50% of US households, they no longer have any incentive to be price competitive on products they sell directly. This does not apply to third party merchant on the Amazon marketplace, however.