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So If I sell 1 app for $101 Billion do I now have a Monopoly on the mobile app market since I will have >40% of the revenue?

inopinatus 6y ago
I think the considered response to that must be, "Good luck with your startup".
- deeeeplearning 6y ago
  It's a legitimate question highlighting the absurdity of defining a monopoly by revenue.
  - inopinatus 6y ago
    Since you cannot sell an app for that much money, it is not a legitimate question, and there is no reductio ad absurdum. Therefore it is a joke question. If you could sell one app for that much money, and real money or genuinely equivalent value is actually exchanged, then other apps would be worth similar amounts, and the entire segment would simply rescale to be quintillions of dollars; alternatively, if you or others were unable to repeat the sale, then the market has a weird transient spike one quarter, then goes back to normal, and everyone discounts the outlier as a Spiders Georg. Notwithstanding which, sure, monopolies are indeed not defined by revenue, they are defined by market control, which is enabled by market share, which is quantified by value (there being no other universal measure), i.e. by sales i.e. revenue, which is why it's part of the consideration but you still need some qualification to support the quantification. Such as, by way of painfully topical example, Apple successfully forcing other market participants to actively mislead the consumer or withdraw products, which is not merely a naked display of market power but also an egregious misuse thereof.
    - deeeeplearning 6y ago
      >and there is no reductio ad absurdum Hate to break it to you but there is and I showed it which is why you made this salty reply. Certainly in the US there is no major Anti-Trust case which revolved around revenue as a measure of monopoly. Not Microsoft, not ATT and not Standard Oil.
      - inopinatus 6y ago
        I can only say how much I look forward to the announcement of your $101 billion dollar app sale. Sadly I fear it is as grounded in reality as the rest of this ... scrawl.
mthoms 6y ago
You misunderstand. Having a monopoly is not against the law. There's nothing wrong with it. Abusing your monopoly position in the market, to the detriment of consumers and fair competition is against the law.

inopinatus 6y ago

I think the considered response to that must be, "Good luck with your startup".

deeeeplearning 6y ago
It's a legitimate question highlighting the absurdity of defining a monopoly by revenue.
- inopinatus 6y ago
  Since you cannot sell an app for that much money, it is not a legitimate question, and there is no reductio ad absurdum. Therefore it is a joke question. If you could sell one app for that much money, and real money or genuinely equivalent value is actually exchanged, then other apps would be worth similar amounts, and the entire segment would simply rescale to be quintillions of dollars; alternatively, if you or others were unable to repeat the sale, then the market has a weird transient spike one quarter, then goes back to normal, and everyone discounts the outlier as a Spiders Georg. Notwithstanding which, sure, monopolies are indeed not defined by revenue, they are defined by market control, which is enabled by market share, which is quantified by value (there being no other universal measure), i.e. by sales i.e. revenue, which is why it's part of the consideration but you still need some qualification to support the quantification. Such as, by way of painfully topical example, Apple successfully forcing other market participants to actively mislead the consumer or withdraw products, which is not merely a naked display of market power but also an egregious misuse thereof.
  - deeeeplearning 6y ago
    >and there is no reductio ad absurdum Hate to break it to you but there is and I showed it which is why you made this salty reply. Certainly in the US there is no major Anti-Trust case which revolved around revenue as a measure of monopoly. Not Microsoft, not ATT and not Standard Oil.
    - inopinatus 6y ago
      I can only say how much I look forward to the announcement of your $101 billion dollar app sale. Sadly I fear it is as grounded in reality as the rest of this ... scrawl.

mthoms 6y ago

You misunderstand. Having a monopoly is not against the law. There's nothing wrong with it. Abusing your monopoly position in the market, to the detriment of consumers and fair competition is against the law.