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As with many things, it’s a duopoly with Mastercard that has another 30% of the market.
by eagerpace 2y ago
As with many things, it’s a duopoly with Mastercard that has another 30% of the market.
- ethbr1 2y agoDuopoly scenarios are why the trifecta of historical anti-trust criteria were one of more of: - Monopoly market share - Negative impact to customers (e.g. higher prices) - Collusion to thwart competition Prosecuted under a variety of laws, but all illegal at scale. The latter two are more relevant to modern global enterprise competition. A duopoly isn't really optimally lowering prices for anything, as there's limited risk of defection and price signaling is pretty easy.