Re:Jeff Bezos Escapes Scrutiny from His Own Paper–and Its Ri...
by idoh on Saturday July 29, 2017 @08:47PM
(#14883804)
How do you distinguish between a "natural monopoly" and just a "monopoly"?
Re:Jeff Bezos Escapes Scrutiny from His Own Paper–and Its Ri...
by yorwba on Sunday July 30, 2017 @02:31AM
(#14884688)
One clear-cut example of an "unnatural monopoly" would be the state outlawing all but one company in an industry.
A natural monopoly in an area arises from the dynamics of the business itself, other monopolies require external forces to prop them up.
>> natural monopoly for search
Google has most of the search users, creating better data for improving its product (ad targeting and search), so it gets all of the ad budget for search. Data+ad revenue suffocates the competition of users and revenue creating a natural monopoly.