"A monopoly doesn’t mean “big with lots of users and few competitors.” A monopoly is when a company is the exclusive provider of a service or a trade." That is

"A monopoly doesn’t mean “big with lots of users and few competitors.” A monopoly is when a company is the exclusive provider of a service or a trade." That is the legal definition of a monopoly. Legally, at least in the US and the EU, one does not have to be the sole provider of something to have monopoly power. And, quite frankly, I do not care if there are competitors or not. No one likes these terms, no one wants these terms, and no one sure as hell wants the company to be able to say, "Take it or leave it." So I'm perfectly happy with regulation saying they can't do that.