Re:Towns want Verizon investigated for abandoning networks t...
by dragonwriter on Friday December 04, 2015 @02:40PM
(#10678568)
A monopoly doesn't require that other people be legally prohibited from competing (if they are, that's a granted-by-law monopoly), it requires that you have sufficient dominance in some market as to exercise pricing power within that market.
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Re:Towns want Verizon investigated for abandoning networks t...
by rayiner on Friday December 04, 2015 @02:51PM
(#10678661)
"In the US, many telecoms operate as a legal monopoly."
I assumed we were talking about ^^^.
I'm not being pedantic about the distinction. If you're of a libertarian bent, there is a big difference between legal and de-facto monopolists.