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0 pointsjp5557y ago0 comments

Yep! Monopoly just means there's only one supplier of any commodity. It does not mean there are no alternatives.

A patent is a government-issued monopoly.

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In that case you can define monopoly however you want.

You could say that YCombinator has a monopoly on posts to HN.

jp555OP7y ago

The definition of a monopoly is when there is only one seller of something. That exclusivity can be achieved in a number of ways such as patents, trade secrets, or some other monopoly moat.

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scarface747y ago

In that case you can define monopoly however you want.

You could say that YCombinator has a monopoly on posts to HN.

jp555OP7y ago

The definition of a monopoly is when there is only one seller of something. That exclusivity can be achieved in a number of ways such as patents, trade secrets, or some other monopoly moat.

j / k navigate · click thread line to collapse