3 ms·
> (32% market share) isn't a monopoly Well, neither was Standard Oil by that definition. Of course, we already know how to solve the problem of companies havi
by yxhuvud 6y ago
> (32% market share) isn't a monopoly
Well, neither was Standard Oil by that definition.
Of course, we already know how to solve the problem of companies having too much leverage due to owning too big verticals - namely to break them up. Not to institute everything-goes rules.
- ChrisLomont 6y agoStandard Oil controlled over 90% of production and nearly that percent of final sales. Courts have never as far as I can find used antitrust on an actor controlling a market at the low level Amazon has here. Can you find such a case? https://en.wikipedia.org/wiki/Standard_Oil https://en.wikipedia.org/wiki/Standard_Oil