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> To be a monopoly, your industry has to matter a lot. This is not a part of anyone's definition of 'monopoly', ever. Monopoly means dominance in a particular
by samhw 5y ago
> To be a monopoly, your industry has to matter a lot.
This is not a part of anyone's definition of 'monopoly', ever. Monopoly means dominance in a particular market - nothing more, nothing less: https://en.wikipedia.org/wiki/Monopoly https://en.wikipedia.org/wiki/Monopoly
- skinnymuch 5y agoSome admittedly silly examples of monopolies that fit the definition you’re saying. I know some one on HN before posted a much better example. I can’t recall it now. Foursquare’s Swarm has a monopoly on social network checking in to places with optional photos + logged notes. Tiago Forte has dominance in courses/in depth, varied content on building a second brain. Readwise.io has dominance in spaced repetition learning from synced data. There’s only one or two sites/communities for my personality disorder that doesn’t get much attention. They dominate the market. There’s only one app that has you put up money for habits/challenges you complete via video selfies. Spar App (side note: horrible ownership/stewards of the app) There was previously one community forum for video game site owners. [almost] all of these have [near] 100% of their market. I don’t believe people would consider any of them monopolies.