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> For example Apple demand that app developers price their apps in the app store similar to the same service in other stores (website, Google play store, etc),
by cynix 6y ago
> For example Apple demand that app developers price their apps in the app store similar to the same service in other stores (website, Google play store, etc), even though they are taking a huge 30% cut. So Spotify can't price their product 30% more expensive in the app store
False. You can price your app/IAP higher, you just can't tell the user it's cheaper elsewhere.
- fastball 6y agoYou can tell it's a well-functioning market because one participant is making money off of forced information asymmetries.
- javagram 6y agoI doubt a traditional retailer would be happy if a manufacturer shipped a box to them with a label “Cheaper at Walmart/Amazon.com” either. Information asymmetry exists in most markets and I don’t think that creates a justification for antitrust action under current law.
- fastball 6y agoThere is a difference between information asymmetry existing and deliberately creating one. I don't think anyone should be allowed to use their market position to do that. With regards to typical retail, I think that's a bit of a wonky analogy as it's not a competitor in this case, it's the company themselves. That being said, things like that have been done. Not exactly the same but in the same spirit is printing the "retail price" on the box to prevent 3rd party sellers from just charging whatever they want.