What utter crap, quoting you:
Quote:
|
If there are other products, it isn't a 'pure' monopoly, but nevertheless a monopoly as long as it controls the majority of the market
|
Quote:
|
Calibre has complete control of the market and it is a monopoly in every sense of the word.
|
Quote:
|
"a product for which there are no close substitutes and in which significant barriers to entry prevent other firms from entering the market"
|
Make up your mind. Which is it? Does it have pure monopoly, a majority monopoly or a monopoly because there are "significant" (and I might add imaginary) barriers to entry. Feel free to keep defining monopoly to mean whatever you want it to mean, I will feel just as free to do the same.