Pipeline Digital,Inc. ,sells equipment to link businesses via the Internet.Pipeline will be considered to have monopoly power if its share of the relevant market is equal to or exceeds

Question

Quizplus · Accepted Answer

According to the U.S. Department of Justice and the Federal Trade Commission, a company is considered to have monopoly power if its share of the relevant market is 70 percent or higher. Therefore, if Pipeline Digital's share of the market in selling equipment to link businesses via the internet is equal to or exceeds 70 percent, it will be considered to have monopoly power.