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Steve , 1 month ago Monopolies don’t require 100% of a market. Just enough to effectively manipulate a market. One firm might only be 10% of a market. But if every other firm is only 1-2%, that 10% will have an outsized monopolistic ability to manipulate that market.
Monopolies don’t require 100% of a market. Just enough to effectively manipulate a market.
One firm might only be 10% of a market. But if every other firm is only 1-2%, that 10% will have an outsized monopolistic ability to manipulate that market.