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Sure, but does that one mall capture 50% of all physical good sales nationwide? This is an issue of monopoly power, which depends on scale. If you use an analo
by ViViDboarder 6y ago
Sure, but does that one mall capture 50% of all physical good sales nationwide?
This is an issue of monopoly power, which depends on scale. If you use an analogy that doesn’t demonstrate the same market power, of course it’s going to seem absurd.
- Fezzik 6y agoWithout Googling it, I would wager that 3-4 conglomerates own 98% of the malls in the US. So I think it is an apt comparison.
- jacoblambda 6y agoWas curious so I looked it up. Turns out property is really expensive so it isn't quite as conglomerated as you would think. Because of this, there are about 100-ish large mall conglomerates. Of these, the top 4 combined take as much "mall" as the following 10 entries. Without doing a proper analysis of the data, at a glance it looks like the sizes taper out pretty evenly so it seems like the "mall" industry has a pretty healthy and varied market. https://www.nreionline.com/retail/2018-top-retail-owners?full=1 https://www.nreionline.com/retail/2018-top-retail-owners?ful...