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by berniepebbles
2369 days ago
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It depends...
When asked by regulators, 5% market share.
When asked by customers, 35% market share. Joking aside, Peter Thiel has great commentary on how companies avoid the monopoly label by claiming to be part of a larger community. A classic example is that Google search has at least 70%+ market share. However, when asked by regulators, they’re a “tech company” with many competitors and have a significantly lower market share. |
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