4 ms·
Monopoly just increasingly seems to mean any successful company that changes its pricing structure.
by MattGaiser 5y ago
Monopoly just increasingly seems to mean any successful company that changes its pricing structure.
- Isamu 5y agoI think here it is used (incorrectly) to mean “leading”. I think we are always reaching for superlatives in our click-bait headlines.
- paulryanrogers 5y agoMonopsony may be more technically correct. Or perhaps a different phrasing like "market controller". Ultimately though words can evolve. And overly narrow terms can expand.
- echelon 5y ago> Is YC a Monopoly? I can get money anywhere. YC just happens to be a good option with lots of resources. > Monopoly just increasingly seems to mean any successful company that changes its pricing structure. I can only reach Americans with my software over web, App Store, or Play Store, and since most Americans only own one device (iPhone or Android) and web on iPhone is crippled, that means I'm stuck with App Store for reaching 50% of consumers. This opts me into the 30% tax, the review straight jacket, and forced buy in to the life-draining Apple ecosystem (no customer relationship, can't deploy when I need to, etc). I have no power here. Of Apple and YC, one of these is clearly a monopoly, the other is not.
- mastazi 5y agoDevice != smartphone but I agree with many of the points you made (and I understand that for some products, smartphones are going to be your primary target).
- lmm 5y agoIf you can dictate your own prices without worrying about losing customers/suppliers then yes, that's pretty much what being in a monopoly/monopsony position means?