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> Given that iPhones account for just 35% of US mobile phones [1] and only around 15% of phone shipments worldwide [2], this is in no way monopolistic Why do y
by diffeomorphism 8y ago
> Given that iPhones account for just 35% of US mobile phones [1] and only around 15% of phone shipments worldwide [2], this is in no way monopolistic
Why do you think that? You are only arguing that "monopoly laws" should be called "oligopoly laws". These laws require abuse of a dominant market position, not a majority share.
- netheril96 8y agoI think you have it backwards. "Mono" as a prefix means one, while "oligo" means several. Therefore monopoly is a market with a single dominant player, while "oligopoly" would be a market with few but more than one dominate players.