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>> You were very specific about how you’d break up Google and the rest. How would you break up Apple? > Apple, you’ve got to break it apart from their App Stor
by nickysielicki 8y ago
>> You were very specific about how you’d break up Google and the rest. How would you break up Apple?
> Apple, you’ve got to break it apart from their App Store. It’s got to be one or the other. Either they run the platform or they play in the store. They don’t get to do both at the same time. So it’s the same notion.
>> Pulling that apart, the App Store is the method by which Apple keeps the iPhone secure. It’s integrated into the platform. How would you propose that Apple and Google distribute apps if they don’t run the store?
> Well, are they in competition with others who are developing the products? That’s the problem all the way through this, and it’s what you have to keep looking for.
> If you run a platform where others come to sell, then you don’t get to sell your own items on the platform because you have two comparative advantages. One, you’ve sucked up information about every buyer and every seller before you’ve made a decision about what you’re going to sell. And second, you have the capacity — because you run the platform — to prefer your product over anyone else’s product. It gives an enormous comparative advantage to the platform.
From the Verge interview here: https://www.theverge.com/2019/3/9/18257965/elizabeth-warren-break-up-apple-monopoly-antitrust https://www.theverge.com/2019/3/9/18257965/elizabeth-warren-...