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> This is _really_ basic English That's both incredibly condescending and wrong. "One mega company owning every industry in the world" is not the only way to h
by azylman 9y ago
> This is _really_ basic English
That's both incredibly condescending and wrong. "One mega company owning every industry in the world" is not the only way to have a monopoly.
You can have monopolies on specific industries or in specific regions (e.g. AT&T and Comcast split up towns in a state and each one is the only provider in that town).
- logicchains 9y ago>That's both incredibly condescending and wrong. So was the parent's statement of "This is really basic" when they hadn't provided any evidence or even a clear claim (did they mean a few big players controlling each market, as in the fuel market, apple market, etc., or a few big players controlling a market as in the American market, European market etc).