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falcor84today at 11:20 AM2 repliesview on HN

Sorry about the nitpicking, but s/monopoly/duopoly/


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utopiahtoday at 12:16 PM

I don't think that's the economical definition of monopoly. It's not about 1 single actor owning the market but rather about unilateral change. Obviously a single actor owning 99.99% will be able to shape the market ... but also one owning a lot less, e.g. 30% if even if they don't collude with another actor owning e.g. 21%.

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chrisweeklytoday at 11:31 AM

not nitpicking; huge difference between 0 and 1 competitor

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