Monopoly Power in the Computer Industry
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Words: 1125
Pages: 4
(approximately 235 words/page)
Pages: 4
(approximately 235 words/page)
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showed first 75 words of 1125 total
showed last 75 words of 1125 total
the customers needs. But who can say which ones are a monopoly and which ones are not. How close do the substitutes for products have to be before they, the company, are considered to be a monopoly? We all as individuals have different likes and dislikes, so we can agree to disagree about what is a substitute for a product. So it makes sense to view monopoly as a spectrum, rather than a strict category.
the customers needs. But who can say which ones are a monopoly and which ones are not. How close do the substitutes for products have to be before they, the company, are considered to be a monopoly? We all as individuals have different likes and dislikes, so we can agree to disagree about what is a substitute for a product. So it makes sense to view monopoly as a spectrum, rather than a strict category.