Wow, hopefully we’ll invent some competing way to listen to music in a car.
But y’know what, sure, my absolute was overreaching.
Yours still was too.
Standard Oil never had all the oil. AT&T never had all the phone lines. The worst, most blatantly illegal monopolies had competitors. They were still monopolies. What the word almost always means, does not require 100.0% market share. Shit gets weird well before that.
AT&T did have all the phone lines in a given area. They still do. Just like cable. The market isn’t always as broad as the entire world, the entire country, or even an entire state. Comcast has a monopoly in many places by being the only provider of cable service in a lot of places, just as AT&T was the only provider of phone service to a lot of places.
Wow, hopefully we’ll invent some competing way to listen to music in a car.
But y’know what, sure, my absolute was overreaching.
Yours still was too.
Standard Oil never had all the oil. AT&T never had all the phone lines. The worst, most blatantly illegal monopolies had competitors. They were still monopolies. What the word almost always means, does not require 100.0% market share. Shit gets weird well before that.
AT&T did have all the phone lines in a given area. They still do. Just like cable. The market isn’t always as broad as the entire world, the entire country, or even an entire state. Comcast has a monopoly in many places by being the only provider of cable service in a lot of places, just as AT&T was the only provider of phone service to a lot of places.