4 ms·
You say that "a business with a monopoly can raise the cost of their product to the price the market can bear" which seems to be exactly what Google has achieve
by rdlecler1 9y ago
You say that "a business with a monopoly can raise the cost of their product to the price the market can bear" which seems to be exactly what Google has achieved with their competitive pricing model. If they charged more then they would lose buisiness. If they charged less they'd be leaving money on the table. This leaves no room for a competitor and therefore it is a monopoly, both in theory and in practice no matter how hard you want to argue against it.