Assignment Essay Example | Topics and Well Written Essays - 250 words - 9

Assignment - Essay Example Ebay is a monopoly in the online auctions market with no close competitors or substitute products. Ebay is considered as a good monopoly as it has able to derive down the cost of searching for buyers and sellers besides allowing small sellers to find effective resell market. It has therefore helped to reduce the information asymmetry in the market however, its partnership with PayPal as the only payment processing service for settling payments between buyers and sellers is considered as a relatively unwanted move to dominate two different segments of the market through single platform. Royal Mail of UK is a State owned postal service offering low cost inland and foreign postal services in UK. It is considered as a good monopoly because it has been able to derive the cost down for the consumers without effectively altering supply in the market. Reuters. iTunes Monopoly? Apples Jobs Ordered by Judge to Answer Anti-Competition Charges. 23 March 2011. 2011 March 2011