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by ucaetano
2771 days ago
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> Also, in your example, Coke definitely has a monopoly on the cola market, even if it doesn't on the entire soda market. 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. |
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