Cryptocurrency Q&A Is VSP a monopoly?

Is VSP a monopoly?

SamuraiCourage SamuraiCourage Fri Nov 08 2024 | 7 answers 1800
I'm wondering if VSP is considered a monopoly in its industry. Are there any competitors in the market that offer similar services or products, or does VSP have a significant market share that makes it a dominant player? Is VSP a monopoly?

7 answers

Giuseppe Giuseppe Sun Nov 10 2024
Specifically, it controls approximately 65% of the nationwide market.

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Claudio Claudio Sun Nov 10 2024
Additionally, VSP also dominates the California vision insurance market with a similar percentage.

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GyeongjuGloryDays GyeongjuGloryDays Sun Nov 10 2024
A recent complaint alleges that VSP abused its monopoly power.

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DigitalDragon DigitalDragon Sun Nov 10 2024
The complaint claims that VSP attempted to acquire Total Vision at an unreasonably low price.

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Martino Martino Sun Nov 10 2024
VSP holds a significant market share in the vision insurance industry.

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