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Monopoly is the colloquial term, but this is actually anti-trust. A trust does not require domination of a single market. Antitrust laws focus on companies who
by SkyPuncher 3y ago
Monopoly is the colloquial term, but this is actually anti-trust.
A trust does not require domination of a single market. Antitrust laws focus on companies who use their position to limit competition.
My opinion:
* Monopolies tend to focus dominating a single market to raise rates. Google essentially has a monopoly on the search advertising business.
* Trusts tend to utilize there wide-spread reach to drive down rates in non-core markets in order to server their primary market. Amazon demonstrates trust-like patterns through their bundling of unrelated services with Prime.