3 ms·
That terminology is conceptually invalid. A "de facto monopoly" is just "very successful in the market." There is no need for a separate concept for this, and
by javert 14y ago
That terminology is conceptually invalid.
A "de facto monopoly" is just "very successful in the market."
There is no need for a separate concept for this, and if there were, it would not be appropriate to overload with the pre-existing term "monopoly" that means something different.