3 ms·
Put slightly more technically: there are natural barriers of entry to the marketplace that make it tough for a disruptor to displace a incumbent monopolist (or
by zzalpha 12y ago
Put slightly more technically: there are natural barriers of entry to the marketplace that make it tough for a disruptor to displace a incumbent monopolist (or in this case oligopolist... Deere basically splits the market with a few other competitors, all of whom collude on this issue).
- wmeredith 12y agoWould this be considered cartel behavior?