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All you did was say that Standard Oil doesn't count as a monopoly because you claim that you need a government intervention to be a monopoly, which is not a def
by tombert 27d ago
All you did was say that Standard Oil doesn't count as a monopoly because you claim that you need a government intervention to be a monopoly, which is not a definition I have heard and certainly does not fall under colloquial definitions. Your big rebuttle to it, as far as I can tell, appears to be "Nuh uh, now prove me wrong!!!".
There are plenty of companies that have gotten to monopolistic or near-monopolistic categories without a government declaring it; Microsoft in the 90's, for example, was famously anti-competitive and actually was briefly declared a monopoly (though that was overturned in higher courts). As far as I'm aware, it wasn't the US government that artificially made Microsoft anticompetitive.
- WalterBright 26d agoPlenty? Let's start with Microsoft. It did not have a monopoly. Apple and Linux computers were available for sale. Any other examples?
- tombert 26d agoYou can have a monopoly without having 100% of the market. Even one of the most famous monopolies, AT&T throughout the 20th century, never had 100% of the market. You know this, so now you're just actively lying. Microsoft was briefly deemed a monopoly by engaging in anti-competitive practices and abusing its market leadership to squash competition, like artificially blocking the use of DR-DOS to install Windows [1]. [1] https://en.wikipedia.org/wiki/AARD_code https://en.wikipedia.org/wiki/AARD_code