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Maintaining a monopoly, or even just a dominant share of a market, requires what Warren Buffet likes to call a "moat", some crucial advantage that makes it diff
by johan_larson 12y ago
Maintaining a monopoly, or even just a dominant share of a market, requires what Warren Buffet likes to call a "moat", some crucial advantage that makes it difficult to compete with you.
http://www.investopedia.com/ask/answers/05/economicmoat.asp http://www.investopedia.com/ask/answers/05/economicmoat.asp