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The Second Circuit has defined monopoly power as "the ability ' (1) to price substantially above the competitive level and (2) to persist in doing so for a si
by lenkite 6y ago
The Second Circuit has defined monopoly power as "the ability '
(1) to price substantially above the competitive level and
(2) to persist in doing so for a significant period without erosion by new entry or expansion.'
Apple's iOS platform matches both these conditions.
- macintux 6y agoExcept iPhones aren’t generally more expensive than phones of similar caliber hardware. Samsung offers phones even more expensive. Apple just doesn’t offer cheap hardware. Does Porsche have monopoly power just because they don’t offer low-end models?
- lenkite 6y agoPorsche doesn't provide an app platform.