2 ms·
Ok. Why are they natural monopolies? What do you mean by natural monopoly?
by ericmay 6y ago
Ok. Why are they natural monopolies? What do you mean by natural monopoly?
- BurningFrog 6y agoI'm not OP, and probably doesn't share their opinions. But you can make a "network effect" argument that for online platforms, the biggest will always be the best, and thus be impossible to compete with. "Natural monopoly" is an established Economics concept: https://www.investopedia.com/terms/n/natural_monopoly.asp https://www.investopedia.com/terms/n/natural_monopoly.asp