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It's helpful to think about market share per "competitor", not number of competitors: "However, from a regulatory view, monopoly power exists when a single fir
by prirun 8y ago
It's helpful to think about market share per "competitor", not number of competitors:
"However, from a regulatory view, monopoly power exists when a single firm controls 25% or more of a particular market. For example, De Beers is known to have a monopoly in the diamond industry."
https://www.intelligenteconomist.com/monopoly-market-structure/ https://www.intelligenteconomist.com/monopoly-market-structu...