It depends...
When asked by regulators, 5% market share.
When asked by customers, 35% market share.
Joking aside, Peter Thiel has great commentary on how companies avoid the monopoly label by claiming to be part of a larger community. A classic example is that Google search has at least 70%+ market share. However, when asked by regulators, they’re a “tech company” with many competitors and have a significantly lower market share.
Joking aside, Peter Thiel has great commentary on how companies avoid the monopoly label by claiming to be part of a larger community. A classic example is that Google search has at least 70%+ market share. However, when asked by regulators, they’re a “tech company” with many competitors and have a significantly lower market share.