• mindbleach
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    1
    ·
    7 months ago

    You’re quoting a sentence that defines anticompetitive practices, not a sentence that defines a monopoly.

    Here is a sentence from the same page that defines a monopoly:

    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.

    • DarthYoshiBoy@kbin.social
      link
      fedilink
      arrow-up
      2
      arrow-down
      1
      ·
      7 months ago

      the long term ability to raise price or exclude competitors.

      Which you seem to take for a granted, but won’t provide even a theoretical for how that might have happened here?

      • mindbleach
        link
        fedilink
        English
        arrow-up
        1
        arrow-down
        2
        ·
        7 months ago

        Ability means “they can,” not “they did.”