However, despite the general animosity towards monopolies, not all monopolies are illegal. Examples of permissible monopolies include:
Monopolies created purely by one seller having a superior product, business acumen, or having good fortune (ex. online search engines, social media sites
“legally speaking they are technically a monopoly, but also legally speaking it’s not illegal anyway” is not a conversation. Or did you have an actual point to make other than pedantry?
every single one of your competitors torches themselves in desperate anti consumer greed grabs
You: durr but it’s a monopoly
What do you think the word means.
https://www.dictionary.com/browse/monopoly?q=Monopoly
Correct, which is why nobody pointing out Valve’s blatant monopoly is saying “shatter them.” It is permissible. It is superior. It’s still a monopoly.
Welcome to the conversation.
“legally speaking they are technically a monopoly, but also legally speaking it’s not illegal anyway” is not a conversation. Or did you have an actual point to make other than pedantry?
Infuriating.
Fantastic conversation, you’ve really contributed a lot.
What competitors? Epic, Gog!? Lol you are funny.
Steam holds an estimated 75% share of the PC game distribution market.
U.S. antitrust law and jurisprudence, courts generally look for a minimum threshold of more than 50%, with many federal courts requiring 70%