3 ms·
Monopoly is semantically not very complicated. It's a fairly simple economic principle: - Monopoly = Exclusive control of supply - Monopsony = Exclusive cont
by three_seagrass 6y ago
Monopoly 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".