>I said they were enjoying a "degree" of monopoly power. I didn't mean they were a full blown monopoly.
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>What your talking about is colusion anyway and that applies more to olgopolies. A pure monopoly will either have an exclusive right to a resource or intentionally restricts output to keep prices above market rates after they have driven out all the competition.
Right, and until the competition leaves there is no monoply, unless the 'competition' is propped up by the monopolist to make it appear competition exists. aka Apple, Corel, Borland, etc...
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