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by eru 34 days ago
Please give me a few examples of people succeeding with the technique.

Specifically, examples of people later exploiting their monopoly to charge people more than they otherwise would have paid.

2 comments

Ubers have become pretty expensive these days.
Well, is Uber a monopoly and collecting monopoly rents?
I use Lyft because my phone is too old to run the Uber app. This says nothing about market share obviously.
Amazon and diapers.
Could you elaborate a bit? I'm not aware Amazon has a monopoly on retail, nor even online-shopping? Could you explain what you mean with the diapers?