2 ms·
https://www.statista.com/statistics/274255/market-share-of-the-leading-retailers-in-us-e-commerce/ https://www.statista.com/statistics/274255/market-share-of-t.
by neogodless 3y ago
https://www.statista.com/statistics/274255/market-share-of-the-leading-retailers-in-us-e-commerce/ https://www.statista.com/statistics/274255/market-share-of-t...
37.8% of online retail.
Walmart is #2 at 6.3%.
https://en.wikipedia.org/wiki/Monopoly https://en.wikipedia.org/wiki/Monopoly
> The verb monopolise or monopolize refers to the process by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a business entity that has significant market power, that is, the power to charge overly high prices, which is associated with a decrease in social surplus.
> Product substitutability: Product substitution is the phenomenon where customers can choose one over another. This is the main way to distinguish a monopolistic competition market from a perfect competition market.
- wordsarelies 3y ago37.8 seems low, I suspect the "shipped goods" percentage is higher.