4 ms·
Market monopoly is bad for the market's harmony. Two non-colluding competitors are better than a monopoly; three better than two. Hypothesis: Anything more th
by lota-putty 7y ago
Market monopoly is bad for the market's harmony.
Two non-colluding competitors are better than a monopoly;
three better than two.
Hypothesis: Anything more than a 33% market capture by a producer is bad for consumers eventually.