3 ms·
the percentage share of a market is an indicator but not the defining characteristic of monopoly practices, rather it’s control. principally that manifests as p
by clairity 6y ago
the percentage share of a market is an indicator but not the defining characteristic of monopoly practices, rather it’s control. principally that manifests as pricing power and leverage over competitors. a monopolist can have a 20% share and still exert anti-competitive power over that market.