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So worst case scenario we end up with walled gardens, which is where we are now.
by Bancakes 5y ago
So worst case scenario we end up with walled gardens, which is where we are now.
- Spartan-S63 5y agoWhich, in my opinion, multiple walled gardens is categorically worse than a single walled garden. It does depend, though. If you look at regulation and market type on a 2x2 grid, as you slide towards the scale of perfectly competitive markets, the requirement to regulate drops to zero. As you go to monopoly, regulation becomes a larger requirement. So, in the net, a heavily regulated walled garden provides the same utility as a perfectly competitive market. I think Apple can keep their one-store model so long as they abide by comprehensive regulations up-to-and-including lowering commissions and allowing apps to advertise other ways to subscribe outside of IAP.