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by nabla9 2529 days ago
> long time and we've had plenty of innovation and competition

I beg to differ with data:

https://concentrationcrisis.openmarketsinstitute.org/

Just pick industries industry and compare numbers.

Random example: Home Improvement Stores

2003: Market share of largest 3 Firms: 47%

2017: Market share of largest 3 Firms: 87%

1 comments

Hilarious. The icon for the _entire category_ of social-networking-sites uses Facebook's logo. Unless I'm mistaken. No other category uses the logo of just one brand to denote its category. Now that's mind-share. Category penetration in 2012: 61%, in 2018: 70%. Oh dear, oh dear.