2 ms·
It works most of the time, actually. I'm not against regulation (I argue that companies like Facebook and other social media companies shouldn't be able to merg
by ericmay 6y ago
It works most of the time, actually. I'm not against regulation (I argue that companies like Facebook and other social media companies shouldn't be able to merge or acquire each other, for example), but it needs to be sensible regulation.
I also don't think a duopoly is necessarily bad, and in this case I think it's not even a duopoly long-term. It is right now because Google and Apple are the leaders, but it's only a matter of time until other large companies (Samsung, Huawei, etc.) gain a foothold and market share. Being a local duopoly (in the US) is one thing versus being a global duopoly.
Further, I'm not really convinced that this duopoly we have is even bad. Why is it bad that we have a duopoly? Is it only acceptable if we have 3 large players? Why aren't we complaining about the Microsoft and Apple duopoly with computers? I think this is just arbitrary really and it won't be long-lived anyway.