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> But market power is measured by market share, not share of revenue. Actually market share is routinely defined as share of revenue. It often makes more sense
by brmgb 6y ago
> But market power is measured by market share, not share of revenue.
Actually market share is routinely defined as share of revenue. It often makes more sense than number of units.
> That'd basically find anyone that sells high-end products in any category as a monopolist.
High-end products have high margins but low volume. High end producers are rarely dominating their market by share of revenue.
- scarface74 6y agoCare to name a case in the last 40 years where “a monopoly” was defined by revenue?
- brmgb 6y agoAs dominant position is clearly defined using market share with market share being understood as both unit market shares and revenue market share, I will go with all of them.
- scarface74 6y agoSo you can’t....