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A good thing about monopolies is that it gives the government the power to step in and stop anti-consumer abuses. In duopolies, such as Windows/MacOS or iPhone/
by downWidOutaFite 5y ago
A good thing about monopolies is that it gives the government the power to step in and stop anti-consumer abuses. In duopolies, such as Windows/MacOS or iPhone/Android, the government doesnt have as much power.
- bogwog 5y agoI think this is a pointless distinction, and I'm not a lawyer, but I also don't think it even matters from a legal perspective whether a company is a Hasbro-style 100% monopoly. The reason the government is going after these companies is probably just because the people in charge are incompetent and/or lazy morons.
- okanat 5y agoAnti-trust laws are not only for true monopolies. Any company that has a significant percentage in the market (determined by the regulations and courts) can be scrutinized under anti-trust laws. At least in the EU.