3 ms·
The real word here is "monopolisation".
by efaref 4y ago
The real word here is "monopolisation".
- arcticbull 4y agoA monopoly would require they control the entire market for a given product or service. Apple isn't a monopoly in any area - but they are a strong competitor in many areas. They're more like a western take on a chaebol [1] in my opinion. [1] https://en.wikipedia.org/wiki/Chaebol https://en.wikipedia.org/wiki/Chaebol
- lr1970 4y ago> Apple isn't a monopoly in any area - but they are a strong competitor in many areas. New term: "Vertical Monopoly"