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> How is neon extracted and why does one country have a 90% monopoly Monopoly is a misused term. Many monopolies around the world are market capture due to bei
by Supermancho 5y ago
> How is neon extracted and why does one country have a 90% monopoly
Monopoly is a misused term. Many monopolies around the world are market capture due to being sunk cost low price leaders. Replace "monopoly" with "cornered the market".
- xracy 5y agoThat's what a monopoly is... They've entirely cornered the market for a good...
- alex_sf 5y agoNot quite. They don't have complete control of the market to where they can bring on the onerous things that come with what we'd traditionally define as a monopoly, price gouging, etc. They can just make it cheaper.