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Natural monopolies are ones where the barrier to entry to provide a service is high. Like a nuclear power company. This fragmentation isn't really in the same c
by acrefoot 6y ago
Natural monopolies are ones where the barrier to entry to provide a service is high. Like a nuclear power company. This fragmentation isn't really in the same category, since clearly many companies have the ability to create a music streaming service or game store with some form of content.
- beefield 6y agoNetwork effects can be and in this case very much are a barrier to entry.
- amelius 6y agoBut how many can create a hardware platform like an iphone?
- anoncake 6y agoNatural monopolies are ones where having multiple competing services doesn't make sense. Nuclear power isn't, to the extend NPPs make sense it makes sense to have multiple.