My point is that I don't have my own definition of words!
We should all use the common definition of words. That makes communication possible!
dictionary.com gives this definition: "exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices."
That's... not what I expected. To me having a monopoly means being the only provider, but I'll bend the knee to the dictionary.
In this case though, with competitors at 10% or 25% market share, you can easily publish videos at a cheaper vendor.
When the entire pool of competitors is only 10%, it's not so easy. You can put a video up but nobody will see it. The network effect of viewers is one of the big reasons to want multiple major sites.
We should all use the common definition of words. That makes communication possible!
dictionary.com gives this definition: "exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices."
That's... not what I expected. To me having a monopoly means being the only provider, but I'll bend the knee to the dictionary.
In this case though, with competitors at 10% or 25% market share, you can easily publish videos at a cheaper vendor.