8 ms·
The correct business term for a "50% monopoly" is "not a monopoly".
by onion2k 3y ago
The correct business term for a "50% monopoly" is "not a monopoly".
- alangibson 3y agoMonopoly, despite the plain meaning of the word, does not mean "literally one seller." It means that a seller holds a commanding position in the market. Depending on the market, 50% could be enough to lead the rest of the sellers around by the nose.