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The difficulty of a new player entering the market has nothing to do with end-user switching costs. There are also high barriers to entry if you want to start
by raldi 10y ago
The difficulty of a new player entering the market has nothing to do with end-user switching costs.
There are also high barriers to entry if you want to start a cola company with worldwide distribution, but that doesn't mean Coke has a monopoly.
- cscurmudgeon 10y agoSee you are arguing that only a monopoly is illegal and unethical. Fact is, there are forms of non monopolistic market manipulation that are illegal. In the US, you can't form cartels or segment markets by colluding with competitors. Similar laws apply in Europe.
- raldi 10y ago> See you are arguing that only a monopoly is illegal and unethical. No I'm not; what gave you that impression?
- cscurmudgeon 10y agoSo why argue about what makes a monopoly?