4 ms·
The problem now through is that these guys are "effective" monopolies, but they aren't monopolies according to the court's definition because they can always cl
by platz 9y ago
The problem now through is that these guys are "effective" monopolies, but they aren't monopolies according to the court's definition because they can always claim that the consumer doesn't have to use their service, they have choice to use some other dinky competitor.
The problem is that in the internet age, it is not in controlling supply but in effectively unlimited demand created by combination of zero marginal cost to add customers and network effects of the internet.