6 ms·
Being a monopoly is NOT illegal. It seems many people think once a company has a monopoly, they need to be broken into separate pieces. This is fiction. A monop
by athms 6y ago
Being a monopoly is NOT illegal. It seems many people think once a company has a monopoly, they need to be broken into separate pieces. This is fiction. A monopoly would only be illegal if a business uses its monopoly power to stifle competition.
- barrkel 6y agoThis is not the legal principal in the EU, where the case is raised. Mere exclusive purchase would be a problem if Apple is defined as a monopoly, and you are forced to use Apple as your vendor to release on iOS.
- Discombulator 6y agoMy last course in competition law was a while ago, but I remember this: while there are many differences in detail between the US and the EU approach, the broad strokes are the same. Also in the EU, having a monopoly is not illegal (as long as it was obtained fairly) - abuse of monopoly power is. Surely being a monopolist means you are subject to additional rules, no doubt about that.