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>Not a monopoly People get hung up on absolute 100% pure monopolies and how nothing meets that criterion. Monopoly power is a much better way of looking at thi
by thfuran 1y ago
>Not a monopoly
People get hung up on absolute 100% pure monopolies and how nothing meets that criterion. Monopoly power is a much better way of looking at things. Controlling 100% of a market with insurmountable barrier to entry of course grants a heaping pile of monopoly power, but any company that can influence the market price has some. Generally the higher the market share, the more monopoly power. UK monopoly regulation starts taking a closer look at companies once they have 25% market share.