4 ms·
Those brands are not immune at all. Everybody I know (who isn't in tech) has a negative opinion of these brands.
by llmslave2 10mo ago
Those brands are not immune at all. Everybody I know (who isn't in tech) has a negative opinion of these brands.
- bigbadfeline 10mo ago> Everybody I know... has a negative opinion of these brands. Not uncommon but they still use them, that's how monopolies work. I mean, people do hate monopolies but that changes absolutely nothing. The network effect is real and cannot be broken without a concerted media push, which is another can of worms I'd rather not open this year.
- llmslave2 10mo agoSomething can be both flawed and hated, yet still useful, and still good enough. There is also a cost to switching products, and that has nothing to do with monopolies. Unfortunately the M word is thrown around to describe basically any company with a significant market share and it totally dilutes the meaning of the term.
- awesome_dude 10mo agoThis is fascinating - your complaint appears to be that someone used the term "near-monopoly" and you claim that its being used to describe companies with a "significant market share" - which is the actual definition of the term.
- llmslave2 10mo ago> This is actually textbook monopoly stuff ? > monopoly: the exclusive possession or control of the supply of or trade in a commodity or service. ??? A monopoly in an economic sense is clearly defined. It is not "significant market share". The person who started this discussion claimed it was "textbook monopoly stuff".
- awesome_dude 10mo agoThe actual words said were "Near monopoly" Why the dishonest misrepresentation?
- llmslave2 10mo ago"This is actually textbook monopoly stuff" is a direct quote... I'm not gonna argue on New Years Eve. Hope you have a great 2026 <3
- thfuran 10mo agoIn an economic sense, any company with enough market share and control to manipulate market prices or limit its own competition has monopoly power and a pure monopoly is the sort of 100% absolute monopoly that people like to derail conversations over.