So, your definition of Monopoly is based on the number of market share , am I right ?
So, your logic is if a company had a monopoly ( based on your definition) , the company should not continue to develop new products of improve its current products , am I right ?
So , your logic is if a company had monopoly ( BASED ON YOUR DEFINITION) , the company should not grow its market anymore, on the contrary , the company should telll its competitors that just come over to take my free market share , I won't compete anymore . Is it right ?
That is why I did not see any Company in Canada can have any products which will dominate the world market, because it is warfare state, and it did not promote free competition. The regulation from the government is always in play !!!!!!!!!!!
By the way, what is the % of market share you will count it as a monopoly ? Do you have any idea ? and why ? |