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A monopolist facing competition from a competent new entrant will use whatever methods are available to keep their position.
by gress 12y ago
A monopolist facing competition from a competent new entrant will use whatever methods are available to keep their position.
- YokoZar 12y agoIt's more correct to describe the collusion of the publishers as a cartel than as a monopolist here. They work together in collusive price-fixing arrangements. Amazon may have just enough market power as a customer of theirs to break this arrangement, however it would be quite a stretch to call Amazon a monopsony.