3 ms·
By gerrymandering the market definition you can make any company a monopoly. McDonalds is not a restaurant: it’s a burger parlor. No wait, a fast-food burger pa
by jpttsn 6y ago
By gerrymandering the market definition you can make any company a monopoly. McDonalds is not a restaurant: it’s a burger parlor. No wait, a fast-food burger parlor. With a clown mascot. All who depend on clown-themed burgers are under their bootheel. Watch out, your startup might be a monopoly too.
- im3w1l 6y agoImagine a town of 50 people with only one restaurant: a mc donalds. The next town is three hours away and only has a burger king. You can move there, but it's pretty inconvenient.
- ghostwriter 6y agoImagine a residential building that has only one coffee shop on its ground floor. The next coffee shop is across the road, you can go there, but it's pretty inconvenient. Inconvenience is not a word in a definition of monopoly.