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Microsoft: On anti-trust and monopolies

   
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Title: Microsoft: On anti-trust and monopolies
 
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Subject: Technology
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Date: April 22, 2008
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Length: 5 / 1259
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By definition, monopoly is characterized by an absence of competition - which often results in high prices and inferior products. For a strict academic definition, a monopoly is a market containing a single firm. A real-world monopolist does not have or need 100% of the market...
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For a strict academic definition, a monopoly is a market containing a single firm. A real-world monopolist does not have or need 100% of the market. He needs enough market share to be able to distort the free market in a way that adversely affects competitors...
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