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It's really not like that. The railroads were monopolies. Apple is far from a monopoly -- they're just the platform that rich people like.
by thehappypm 6y ago
It's really not like that. The railroads were monopolies. Apple is far from a monopoly -- they're just the platform that rich people like.
- mthoms 6y agoAntitrust is not just limited to monopolies. It also pertains to abuse of market power.
- fakedang 6y agoI know a ton of poor people who use an iPhone, including a lot of wage workers at McDonald's. I also know a ton of rich people who won't use anything less dated than a Blackberry (including a lot of my former Wall street MDs).
- account42 6y agoBut railroads were not a monopoly -- there were other modes of transportation. /s