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In theory and on paper.... Making that into a functional legal system, hasn't happened. In any case, half my point is that pricing power is not the operative d
by netcan 8y ago
In theory and on paper.... Making that into a functional legal system, hasn't happened.
In any case, half my point is that pricing power is not the operative definition of market power anymore. If xonmobile can/do have all sorts of influence on governments, job markets and such. They can do tax stuff a restraint can't.
What I am proposing is that the definition of a monopoly is not useable, for policy. It's fine as an economic & academic concept, not as a legal one.