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Probably because those are not really monopolies. People like to conflate being popular (having large marketshare) with being a monopoly (exclusive control of
by three_seagrass 6y ago
Probably because those are not really monopolies.
People like to conflate being popular (having large marketshare) with being a monopoly (exclusive control of supply). Being popular in those markets is likely because they do not monetize it directly.
- RonanTheGrey 6y ago> exclusive control of supply Is not the only, nor even the most useful, definition of a monopoly. And there's also not a magic moment where one second you're not a monopoly, and the next second you are when user X+1 signs up. It's a gradual process and that's why it is such a huge area of law.
- three_seagrass 6y agoMonopoly is semantically not very complicated. It's a fairly simple economic principle: - Monopoly = Exclusive control of supply - Monopsony = Exclusive control of demand If you want to redefine it to popular things, you should reflect on your motivation to do so.
- RonanTheGrey 6y agoYou might want to reflect on why you want anti-trust law to only apply to the strict definition of a monopoly. That's why it's called "anti-trust" not "anti-monopoly".