No. I said that there is no such thing as a monopoly except legally-created mono... | Hacker News

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javert on May 18, 2015 | parent | context | favorite | on: Hello, World

No. I said that there is no such thing as a monopoly except legally-created monopolies.

Those are, in effect, government created. I am totally against that. I am totally against government passing laws to favor certain people over others, treating people unequally.

marvy on May 19, 2015 [–]

In the sense of 100% monopoly, you're probably not far wrong. But it's pretty amazing what you can do with 99% market share.

javert on May 19, 2015 | [–]

Business history is littered with the corpses of companies that had 99% market share.

The main thing you can do with 99% market share is lose it.

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