> competition (winner takes all) naturally results in oligopoly or monopoly in any market.
Naturally? Name one. Google/Apple/Amazon/Netflix/Tesla don't have monopolies.
Naturally? Name one. Google/Apple/Amazon/Netflix/Tesla don't have monopolies.
google is search monopoly
amazon has ecommerce and AWS.
netflix was innovator, middle period.
apple is taking 80% of profits in mobile. middle period.
tesla/electric cars is in beginning.
- cellphone carriers in the US
- airlines in the US