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>You might be confused but that's literally what you do as a business. You leverage your domain area expertise to expand into new areas of business. >or instan
by treis 4y ago
>You might be confused but that's literally what you do as a business. You leverage your domain area expertise to expand into new areas of business.
>or instance, Apple already knew about the portable hardware market and extended their reach into the portable music market via iPod. It used the iPod to reach the music marketplace via iTunes. Used its market dominance to create iPhone and the rest is history.
Look at what you're saying here. Apple had domain experience in hardware and launched a new product (good). Then it used the dominance of that product to muscle into an entirely different market (bad). And the combination of hardware and market has led to Apple being able to extract their tax on half the music market, or whatever they have.
This is exactly what we don't want and why anti-trust laws exist.