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by nabla9
2779 days ago
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In articles like this monopoly is used as shorthand for monopoly power. For a company to have a 'monopoly power' it does not have full monopoly. Antitrust laws start to apply to corporations long before they have full monopoly. |
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No, it is used as shorthand for "market share in a market I define arbitrarily".
Proving monopoly power is a much more complex and academic process.