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A comment on RIP LivingSocial: The fast rise and slow demise of a daily deals company.

Re:RIP LivingSocial: The fast rise and slow demise of a dail... by free2rhyme214 on Sunday February 26, 2017 @11:03AM (#13737824)
If I understanding this correct - Groupon is now a monopoly?
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Re:RIP LivingSocial: The fast rise and slow demise of a dail... by bunderbunder on Sunday February 26, 2017 @11:11AM (#13737889)
Not really, not without an extremely narrow definition of what market they occupy.

The "daily deals" model is only one of many ways for businesses to offer deals and try to find new customers, and for customers to find discounts. Groupon/LivingSocial/etc have many competitors, all the way down to simply advertising specials and promotions with a sign in the window.

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Re:RIP LivingSocial: The fast rise and slow demise of a dail... by hackerboos on Sunday February 26, 2017 @11:28AM (#13738010)
A monopoly on “an industry that doesn’t really exist” - citing the article.
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Re:RIP LivingSocial: The fast rise and slow demise of a dail... by bdcravens on Sunday February 26, 2017 @02:46PM (#13739361)
In the same sense that YCombinator has a monopoly on news forums run by startup incubators.
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