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No, not a monopoly (more) (archive)
[ Follow Ups ] [ 5-series (E39) Message Board ] [ Msg. Board FAQ ]
Posted by BillP on May 16, 2000 at 14:59:47:

In Reply to: yes it is posted by ZYMOL = VEGETIBLE OIL FOR $800 on May 15, 2000 at 18:25:59:

Let's be clear on what a monopoly is and isn't.

Having the vast majority of a market in a required item (electricity, water, cable, operating systems, gasoline, etc.) is a monopoly.

Ditto of the above except for a non-required item (lime soda, chocolate chip cookies, pink toilet seats, zymol) is most certainly not.

Give me a break!!


Bill

: - another tricker form of price fixing - monopoly powerIf you pay $45 for something, which on the free market, where every store could compete, where there was a competitor, something this company is trying to STOP, then you could get this for $32 or even $6 or $1, its totally up to the person selling it. BUT NOW, when there is only the 1 MONOPOLIZING COMPANY, there is no competition and the price will stay at $45



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