Re:Xbox has accused Sony of paying Game Pass 'block fees' to...
by ThatPlayer on Thursday August 11, 2022 @09:10PM
(#32433742)
Monopolist does not mean actual monopoly though. Also from the FTC:
Courts do not require a literal monopoly before applying rules for single firm conduct; that term is used as shorthand for a firm with significant and durable market power — that is, the long term ability to raise price or exclude competitors. That is how that term is used here: a "monopolist" is a firm with significant and durable market power.
Courts do not require a literal monopoly before applying rules for single firm conduct; that term is used as shorthand for a firm with significant and durable market power — that is, the long term ability to raise price or exclude competitors. That is how that term is used here: a "monopolist" is a firm with significant and durable market power.
https://www.ftc.gov/advice-guidance/competition-guidance/gui...