Monopolies And Pricing: Understanding Natural Vs Market Prices
Microsoft's dominance exhibits monopolistic traits: proprietary tech, superior distribution, large user base, lock-ins & bundling. Competition brings prices back to earth.
Hi there! I'm Shrijith Venkatrama, the founder of Hexmos. Right now, I’m building LiveAPI, a super-convenient tool that makes engineering life easier by creating gorgeous API docs from your code in minutes. While I work on LiveAPI, I’ve been diving into economic ideas and sharing what I learn. Today, let’s explore natural and market prices, monopolies, and what drives pricing in markets. How Do Monopolies Happen? Monopolies can emerge in several ways, often depending on who controls what: Trade & Manufacturing Secrets A company that holds proprietary knowledge—like a special fo...