this post was submitted on 09 Aug 2024
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Elon Musk’s X just sued a nonprofit advertising group out of existence (www.cnn.com)
submitted 2 months ago by [email protected] to c/[email protected]
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[–] [email protected] 3 points 2 months ago (1 children)

A monopoly exists when there is only one seller of a product. A monopsony exists when there is only one buyer of a product.

I'm really not sure that the Sherman Antitrust Act regulates artificial monopsonies the same way it does with monopolies