3 ms·

So according to you, it's alright for a company to hold a monopoly position and erase their competitors, as long as they provide the bare minimum its customers

So according to you, it's alright for a company to hold a monopoly position and erase their competitors, as long as they provide the bare minimum its customers need?

javert 11y ago
No. I said that there is no such thing as a monopoly except legally-created monopolies. Those are, in effect, government created. I am totally against that. I am totally against government passing laws to favor certain people over others, treating people unequally.
- marvy 11y ago
  In the sense of 100% monopoly, you're probably not far wrong. But it's pretty amazing what you can do with 99% market share.
  - javert 11y ago
    Business history is littered with the corpses of companies that had 99% market share. The main thing you can do with 99% market share is lose it.