confusopoly

A group of companies with similar products who intentionally confuse customers instead of competing on price.

Scott Adams introduced the word confusopoly in this <i>The Dilbert Future</i>. The word is a combination of confusion and monopoly (or rather oligopoly), defining it as "a group of companies with similar products who intentionally confuse customers instead of competing on price". Examples of industries in which confusopolies exist (according to Adams) include telephone service, insurance, mortgage loans, banking, and financial services.

by BStrand June 13, 2009

confuseopoly

A monopoly that is held together by being too confusing so that no-one can figure out who is being shafted or how they're being shafted.

I just asked three friends of mine in the music industry how much a million Spotify streams pays and they gave me three different answers. The artists are complaining they don't get paid enough, what's happening?

It's a confuseopoly.

by direstraitsfan March 27, 2024