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by master_crab 8 days ago
They don't have a monopoly on any meaningful product category.

By that reasoning I could have a monopoly on peanuts and it’s alright because consumers can choose from hundreds of other foods.

1 comments

Birdsong and Golden Peanut together have controlled roughly 80% of U.S. peanut shelling, with Olam holding another 10% or more.

Warner Bros. releases roughly 20-30 wide theatrical films per year, or about 8-12% of all U.S. theatrical releases (counting independent films as well).

Paramount Pictures releases roughly 10-20 wide theatrical films per year, or about 3-7% of all U.S. theatrical releases.

Hope this helps

That’s not good either. It’s the same with poultry, many types of fruit, etc. This just makes the case further.
Not the original commentator, but I think they're suggesting that you're free to compete in these markets, but the margins are too tight until you're working at the scale of these big guys, so nobody does.