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What's your definition of monopoly? They're something like 75% of video hosting, and if you exclude vimeo for being paid-only then it's over 90%. That sounds
by Dylan16807 1y ago
What's your definition of monopoly?
They're something like 75% of video hosting, and if you exclude vimeo for being paid-only then it's over 90%. That sounds like a monopoly to me.
- BurningFrog 1y agoMy point is that I don't have my own definition of words! We should all use the common definition of words. That makes communication possible! dictionary.com gives this definition: "exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices." That's... not what I expected. To me having a monopoly means being the only provider, but I'll bend the knee to the dictionary. In this case though, with competitors at 10% or 25% market share, you can easily publish videos at a cheaper vendor.
- Dylan16807 1y agoWhen the entire pool of competitors is only 10%, it's not so easy. You can put a video up but nobody will see it. The network effect of viewers is one of the big reasons to want multiple major sites.