4 ms·
Now that you brought up capitalism, what do you think about the level of competition in the cell phone (OS) market? I’d be hard pressed to call Apple a monopol
by throwaway34241 7y ago
Now that you brought up capitalism, what do you think about the level of competition in the cell phone (OS) market?
I’d be hard pressed to call Apple a monopoly given their market share, but obviously market dominance isn’t a black/white thing (since even a real monopoly may have 99% market share and 1% competition). By some metrics that are relevant to certain markets (like app store revenue) Apple may have a majority market share, which probably gives them quite a lot of leverage and ability to engage in anti-competitive behavior.
More broadly it’s a market dominated by two trillion dollar companies with big network effects, which is a reduced level of competition compared to most other things, and it may be harmful for consumer choice for competition to also be reduced in other markets (like non-OS software or marketplaces for such) due to tying products together.
I don’t personally have a strong opinion on this but I think there’s a reasonable case to be made for regulation on those grounds. The challenge would be finding rules that are simple and clear cut without micro managing what companies can build.