I feel like #3 no longer exists for anything in the US economy. You get one product in each niche either owned by 3 companies whose executives all have lunch together (egg farms, ram manufacturers, etc) or where its just absolutely so black boxed its unclear what the product actually is (windows, google, etc)
I feel like #3 no longer exists for anything in the US economy. You get one product in each niche either owned by 3 companies whose executives all have lunch together (egg farms, ram manufacturers, etc) or where its just absolutely so black boxed its unclear what the product actually is (windows, google, etc)
That’s why monopolies are supposed to be illegal.
Its also why pricefixing is illegal.
#4 is on the way out too. USA! USA! USA!