3 ms·

They are bad things if they empower an ever more powerful monopoly.

• bduerst 13y ago
  Nitpick: Not all monopolies are bad (utilities, transportation, etc.) The term you're thinking of is conglomerate, because Google has at least one competitor in every one of it's markets, which isn't a monopoly.
  • gress 13y ago
    Nitpick: legally a monopoly doesn't require zero competitors.
    • bduerst 13y ago
      > Legally Only when getting fined for antitrust or monopolistic behavior, which doesn't mean it is a monopoly - only that a regulating body is trying to prevent it from eventually becoming one. Definitively, mono-poly means one entity in the market.
      • gress 13y ago
        I understand the etymology, however using that as a basis for reasoning is unhelpful since it's the legal and economic consequences in real-life that actually mean something.