> How is neon extracted and why does one country have a 90% monopoly
Monopoly is a misused term. Many monopolies around the world are market capture due to being sunk cost low price leaders. Replace "monopoly" with "cornered the market".
Not quite. They don't have complete control of the market to where they can bring on the onerous things that come with what we'd traditionally define as a monopoly, price gouging, etc.
Monopoly is a misused term. Many monopolies around the world are market capture due to being sunk cost low price leaders. Replace "monopoly" with "cornered the market".