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by dragonwriter
2604 days ago
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> So, you're saying that you think what Internet Explorer is a great browser? Because everything Google did, Microsoft did (modulo monopoly lawsuit) back in its day. But not vice versa, which is among the reasons the analogy is flawed. > a monopoly doesn't need to own 100% of the market. What defines a monopoly is omnipresence and leveraging existing market imbalances to expand into other markets. No, that's wrong. What defines a monopoly is absence of competition in practice (the common test for which is pricing power, which demonstrates whether the market sees “competitors” in a named market segment as actual competitors or players in isolated adjacent markets), not mere omnipresence. The leveraging you refer to is abuse of monopoly if a monopoly exists, not part of the what defines a monopoly. |
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Are you saying in practice Chrome has competition? Safari doesn't count by your definition since it's essentially an isolated adjacent market (with is also shrinking due to Android expansion).