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by Ygg2
2604 days ago
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> 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) 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). |
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Well, pricing power is a hard test, even in principal, to apply in a category of free products, but it does appear on first blush that feature changes between Chrome and it's competitors do induce movements of users between them, in both directions, so it does appear that there is competition in both directions even if Chrome over time is generally, on balance, winning. Actual competition analysis, though, would take lots of work.
What I was saying upthread, however, was not anything about UI a conclusion on whether Chrome has competition, but just a correction to the inaccurate definition of monopoly that was proposed.