Is YouTube A Monopoly?

What companies are monopolies?

To date, the most famous United States monopolies, known largely for their historical significance, are Andrew Carnegie’s Steel Company (now U.S.

Steel), John D.

Rockefeller’s Standard Oil Company, and the American Tobacco Company..

Is Netflix perfect competition?

Netflix is a service that participates in a perfectly competitive market. The graph below shows how price and quantity is set based on the dynamics of both the demand and supply. Because Netflix is a part of a perfectly competitive market they are price takers, not price makers.

Is Coca Cola a monopoly?

Coca-Cola, Pepsi, etc are not a monopoly. … Coca-cola and Pepsi do not have the pricing power of a monopoly and are in one of the most crowded industries in the world: no not soft drinks, but drinks.

Is Apple a monopoly?

Apple insists that it isn’t a monopoly, and that it strives to make the app store a fair and level playing field even as its own apps compete on that field.

Is Microsoft a monopoly 2020?

Findings of fact: Microsoft is a monopoly that hurts competition and consumers. As expected, Judge Thomas Penfield Jackson has found Microsoft to have monopoly power in the computer operating system market.

Is Starbucks a monopoly?

Starbucks does not have a great monopoly power in the coffee place in the US. Starbucks operates more like an oligopoly competitive market structure….

What monopolies exist in the US?

7 Near-Monopolies That Are Perfectly Legal in AmericaAnheuser-Busch InBev NV. … Illumina. … Intuitive Surgical. … Sirius XM Holdings. … Waste Management. … Broadridge Financial Services. … Alphabet.Jul 21, 2017

Is Netflix a monopoly?

If people are picking streaming services such as Netflix over cable, then it’s clear that Netflix and cable compete with each other, and therefore Netflix cannot be a monopoly.

Is Zoom a monopoly?

No, Zoom is not a monopoly in online meeting and web delivery arena.

Is Walmart a Monopoly?

Wal-Mart does not qualify to be referred to as a monopoly because it is not the only giant retail chain in the market. Monopolies exist within markets as sole suppliers of products and services. … Wal-Mart is an oligopoly because it exists in an oligopoly market structure.

Is Apple an illegal monopoly?

“Apple has wrongfully acquired and maintained monopoly power in the market for iOS app distribution, and in the market for iOS app payment processing,” the lawsuit argues. … Most obviously, Apple charges a 30 percent commission on most app purchases—recently reduced to 15 percent for apps that earn less than $1 million.

Is Spotify a monopoly?

Take Spotify, which has 286 million monthly users, compared to Apple Music’s 60 million, and Amazon Music’s 55 million monthly users – the streaming service not only holds a monopoly over other streaming mammoths but also over the different ways to listen to music; being able to stream on the go is the preferred way to …

Is Google a monopoly?

“The Google of today is a monopoly gatekeeper for the internet, and one of the wealthiest companies on the planet, with a market value of $1 trillion and annual revenue exceeding $160 billion.

How is Google not a monopoly?

The US Department of Justice has filed a complaint against “Monopolist Google for Violating Antitrust Laws.” Google is the biggest player in the world of internet search and the company has come under fire in recent weeks for allegedly rigging search results for political reasons, but Google isn’t a monopoly.

Is Nike a monopoly?

Nike is not a monopoly. The company operates in oligopolistic market structures in which there are other able and worthy competitors.