3 ms·

Is it really more competitive to let companies like Apple pick winners in that space? Maybe (probably?) to an extent, at least in this circumstance, but it seem

• jessaustin 5y ago
  I'm not sure what role you're envisioning for Apple here? Assuming you're referring to their role as a vendor selling electronic doodads, this is overstating their influence. iPhones are expensive, but they are a small portion of overall sales at Amazon. Besides, they own the iPhones! Ownership includes the right to sell what one owns, to whomever one chooses, for whatever price one can negotiate. (Well, unless one has signed over these rights to Amazon.) If this is "picking winners" then every participant in the economy is picking winners all the time. Usually I think the term means something more like an outside actor deciding that results will be different than what the buyers and sellers would have decided in the absence of that outside actor. One might think that "the government" is the only such outside actor. However I feel that other large organizations with plenty of money and political power also qualify.