3 ms·
Correct. The right term to use here is oligopoly.
by rad_gruchalski 7y ago
Correct. The right term to use here is oligopoly.
- bilbo0s 7y agoAnd considering that they all meet up at conferences and the like, we might even want to toy with the term "cartel". But yeah, calling them monopolies is altogether incorrect.
- TulliusCicero 7y agoThey are very obviously competing with each other. Every industry has conferences that all the big players go to, it doesn't mean they're illegally cooperating.