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Gabe Newell says no-one in the industry thought Steam would work as a distribution platform—'I'm not talking about 1 or 2 people, I mean like 99%' (www.pcgamer.com)

submitted 5 days ago by [email protected] to c/[email protected]

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[–] mindbleach 1 points 5 days ago* (last edited 5 days ago)

And if a single house in the county has DirecTV, it doesn't count. Right?

AT&T tended to have abundant small competitors, even since the 19th century. They just kept suing them out of existence or buying them.

All of which is really missing the fucking point - absolute monopoly is rare and weird. Most monopolies have competitors. They're still monopolies. They command overwhelming market share, which lets them single-handedly shape the market. Having that power is what makes them a monopoly - abusing that power would make them a trust.