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submitted 2 months ago by mr_MADAFAKA@lemmy.ml to c/steam@lemmy.ml
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[-] SkabySkalywag@lemmy.world 0 points 2 months ago
[-] FishFace@piefed.social 2 points 2 months ago

Look up the case of Standard Oil, against which an antitrust suit was filed, charging it with abusive monopolistic practices. The case was won, and Standard Oil was broken up - at a time when it had less than 70% market share.

[-] Horse@lemmygrad.ml 1 points 2 months ago

no, they are correct
you are confusing "pure monopoly" which means a single firm has 100% share of the market with the general use and legal term "monopoly" which means that a single firm has control of their sector of the market

this post was submitted on 04 Nov 2025
232 points (92.3% liked)

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