A “de facto” monopoly (whatever that is) has all the drawbacks of a “real” monopoly (whatever that is): reduced incentive for innovation, possibility for price fixing, means for anticompetitive practices, and so on. The distinction is entirely meaningless when you look at the actual impact an <adjective> monopoly has on society.
A “de facto” monopoly (whatever that is) has all the drawbacks of a “real” monopoly (whatever that is): reduced incentive for innovation, possibility for price fixing, means for anticompetitive practices, and so on. The distinction is entirely meaningless when you look at the actual impact an <adjective> monopoly has on society.