I'm not defending anybody. I'm just saying, if I live in a market where one company has 99% of the market, somebody coming in and saying "There's not a monopoly. They only have 30% of the global market! " isn't going to make me feel any better, because I don't live everywhere in the world. I live where I live, and that company has 99% of the market there.
I just don't think the 30% of the global market number is relevant to anything in terms of arguing if somebody has a monopoly. Are there even any countries who use a definition of "monopoly" that uses global marketshare to determine if there's a monopoly? Surely those definitions all look at marketshare within some specific region?
I just don't think the 30% of the global market number is relevant to anything in terms of arguing if somebody has a monopoly. Are there even any countries who use a definition of "monopoly" that uses global marketshare to determine if there's a monopoly? Surely those definitions all look at marketshare within some specific region?