Monopoly power is not the same as a literal monopoly. The FTC has a pretty good definition of it: https://www.ftc.gov/advice-guidance/competition-guidance/guid

Monopoly power is not the same as a literal monopoly. The FTC has a pretty good definition of it: https://www.ftc.gov/advice-guidance/competition-guidance/guide-antitrust-laws/single-firm-conduct/monopolization-defined https://www.ftc.gov/advice-guidance/competition-guidance/gui...