But we also have pretty strongly enforced law called “kilpailulaki”. Its pretty similiar to antitrust law in the states, meaning it punishes harshly if single company or group if companies use their position in the market unfairly, fixing prices, driving competition away, etc.
Smaller local companies might try to swindle it, but for any big companies breaking it wont be worth the risk.
A monopoly is a market structure that assumes a dominant position in a sector. We can of course philosophize on the notion of pure monopoly.
It stifle the competition, limit the innovation, restrict investments, and finally it’s never good for the consumer : for us.
What do you call a company that has an 85% maker share in your country ?
We call it a market leader.
But we also have pretty strongly enforced law called “kilpailulaki”. Its pretty similiar to antitrust law in the states, meaning it punishes harshly if single company or group if companies use their position in the market unfairly, fixing prices, driving competition away, etc.
Smaller local companies might try to swindle it, but for any big companies breaking it wont be worth the risk.
A monopoly is a market structure that assumes a dominant position in a sector. We can of course philosophize on the notion of pure monopoly. It stifle the competition, limit the innovation, restrict investments, and finally it’s never good for the consumer : for us.