4 ms·
> it's having higher not lower price, forcing buyers to pay more. Exerting control over a market to raise prices is another traditional method for abusing mono
by pdkl95 7y ago
> it's having higher not lower price, forcing buyers to pay more.
Exerting control over a market to raise prices is another traditional method for abusing monopoly power. This isn't what Google is doing re: news.
The method I'm referring to is where Google uses their existing monopoly position in one market (search) to exert control over another market (news publishing). See "predatory pricing", "dumping".
> Monopoly by definition already has 100% of the market
That is one definition. Other definitions are based on having the power to control a market, which doesn't always require having a particular share of a market.