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Re: Food for thought (resurfacing)

From: ashok malhotra <ashok.malhotra@oracle.com>
Date: Mon, 28 Jul 2014 19:20:25 -0400
Message-ID: <53D6DAB9.8040105@oracle.com>
To: Noah Mendelsohn <nrm@arcanedomain.com>, Marc Fawzi <marc.fawzi@gmail.com>, Alex Russell <slightlyoff@google.com>
CC: Marcos Caceres <w3c@marcosc.com>, "www-tag@w3.org List" <www-tag@w3.org>
 >  but "Monopoly" to me means the market is dominated by 2-3 players
That's, technically, oligopoly

On 7/28/2014 6:24 PM, Noah Mendelsohn wrote:
>
> On 7/28/2014 3:28 PM, Marc Fawzi wrote:
>
>> but "Monopoly" to me means the market is dominated by 2-3 players
>
> Uh, no.... without trying to be too formal about it, monopoly is about dominance by one "player". See, for example, the 6th definition from [1] which says:
>
>  6. the market condition that exists when there is only >one< seller.
>
> No need to pursue this in detail here, but the prefix "mono" is there for a reason.
>
> Noah
>
> [1] http://dictionary.reference.com/browse/monopoly?s=t
>
Received on Monday, 28 July 2014 23:21:06 UTC

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