5 ms·
Extremely interesting point in this ruling that I have never seen before and I guarantee is sending shockwaves to the boardrooms is the definition of market. In
by mritun 4y ago
Extremely interesting point in this ruling that I have never seen before and I guarantee is sending shockwaves to the boardrooms is the definition of market. In this ruling EU chose to define the market as “Android phone manufacturers all over the world except China”.
Of course that definition is very peculiar. I was doubtful that it would stick but apparently it did.
This is fascinating that a regulator can define market as “users of YOUR_PRODUCT excluding all competitors you thought AND across the world EXCEPT the very place where everything is made”.
Now that it has stuck, it would change the dynamics of business. It started with tech but its going to trickle down :)
- ThatPlayer 4y agoThe market they're interested in is the EU. So "all over the world except China" includes the EU. Defining the market as the region the governing authority has power over is nothing new: The FTC rules on the US market, the European Commission rules on the EU market.