3 ms·
> This is actually textbook monopoly stuff ? > monopoly: the exclusive possession or control of the supply of or trade in a commodity or service. ??? A mono
by 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.