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>Which is why you don't have to let a monopoly/oligopoly set the price at will Even monopolies are generally allowed to set their own prices; it's only the poi
by NovemberWhiskey 5y ago
>Which is why you don't have to let a monopoly/oligopoly set the price at will
Even monopolies are generally allowed to set their own prices; it's only the point at which there's abuse that there's a regulatory concern. The argument that Apple is looking to "extract maximum feasible" rent is undermined a bit by some facts I discuss in one of my comments elsewhere in this thread.