|
|
|
|
|
|
by inherentFloyd
2773 days ago
|
|
|
Power corrupts, man. Simply hiding behind a monopoly doesn't really absolve a company of wrongdoing simply because a monopoly isn't wrong. Also, in your example, Coke definitely has a monopoly on the cola market, even if it doesn't on the entire soda market. That's like saying a smaller cola company stands a chance on the global market because the smaller competitor is selling soda. |
|
|
No, it doesn't. At least not by the economic definition of monopoly, which, when talking about regulation, is the one that matters.
And even then, it is irrelevant, because the cola market doesn't exist in isolation.