4 ms·

Monopoly is not a necessary condition for antitrust case.

• orra 3y ago
  Just as well! Oligopolies are almost as bad as monopolies, for rent seeking and stifling competition. I don't know about US law, but EU competition law is concerned about “significant market power” and not (just) monopolies.
  • inefficient 3y ago
    When talking about modeling oligopolies and monopolies, often oligopolies have worse results.
• plagiarist 3y ago
  We need more antitrust on everything. Things are not working if consumers have no choices in practice. "Support Nestle or just never purchase any snack or drink," isn't a real choice.
  • veave 3y ago
    It also isn't a reality, and if it was, it would be a monopoly, and it would be dismantled.