3 ms·
Monopoly doesn't mean that there's only one company in the market. It means that one company has an overwhelming amount of market share. Google unquestionably f
by ploika 8y ago
Monopoly doesn't mean that there's only one company in the market. It means that one company has an overwhelming amount of market share. Google unquestionably fits this description when it comes to internet search, outside of China at least.
Generally it's measured by the Herfindahl-Hirschman Index - HHI.
https://www.investopedia.com/terms/h/hhi.asp https://www.investopedia.com/terms/h/hhi.asp