Re:How Apple Influenced The Labels To Shut Down My Music Str...
by jevgeni on Thursday July 23, 2015 @09:25AM
(#9935522)
Monopoly, monopsony, oligopoly, etc., are all forms of market organization. This is textbook.
[Update] Here we go: https://en.wikipedia.org/wiki/Industrial_organization#Market...
Re:How Apple Influenced The Labels To Shut Down My Music Str...
by marrs on Thursday July 23, 2015 @09:08AM
(#9935426)
or a pentacycle :)
https://horshamphotography.files.wordpress.com/2014/10/img_5...
If you invent the first bicycle and nobody else makes them then you do indeed have a monopoly on the bicycle market. The difference is just that we define "bicycle" as the market, not "5-wheeled bicycle".