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Seeing this entire thing fold out, it seems the best monopolies for a corporation are the legal monopolies(like iOS), where there are still very high barriers f
by enitihas 8y ago
Seeing this entire thing fold out, it seems the best monopolies for a corporation are the legal monopolies(like iOS), where there are still very high barriers for customers to switch, but you aren't dominating any well defined market segment.
- lotsofpulp 8y agoDominating the market segment of people with greater than median average disposable income seems to be best strategy.
- enitihas 8y agoExactly. It incentivizes corporations to focus on the richer market segment, where the profit margins can be high enough to compensate the relatively low volume, and leave the lower end of the market to be dominated by cheaper alternatives. A product dominating a very low revenue segment may come to be seen as not worthwhile. Not saying such a strategy should be the goal or will be easy, but that seems the natural direction large corporations may want to take.