It’s a little more complicated than that. It’s not just a question of market share, but whether you use your market share to make it impossible for others to compete against you.
For example, Microsoft was getting itself into trouble in the late 90s because they essentially used their dominant position in the OS market to push Internet Explorer— making it next to impossible for other browsers at the time, like Netscape, to compete. For example, they made it difficult for other companies to install their software when their own competitive alternatives were included for free, and in some cases, impossible to remove (explorer was fully integrated into Windows at this time and you couldn’t remove it).
There are plenty of companies that essentially own entire markets. Google for example something like 85%. There’s nothing wrong with that.
It’s a little more complicated than that. It’s not just a question of market share, but whether you use your market share to make it impossible for others to compete against you.
For example, Microsoft was getting itself into trouble in the late 90s because they essentially used their dominant position in the OS market to push Internet Explorer— making it next to impossible for other browsers at the time, like Netscape, to compete. For example, they made it difficult for other companies to install their software when their own competitive alternatives were included for free, and in some cases, impossible to remove (explorer was fully integrated into Windows at this time and you couldn’t remove it).
There are plenty of companies that essentially own entire markets. Google for example something like 85%. There’s nothing wrong with that.