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There comes a point though when you have to break monopoly's for the market's sake. For example, remember Standard Oil? They made oil super cheap, researched n
by gjsman-1000 4y ago
There comes a point though when you have to break monopoly's for the market's sake.
For example, remember Standard Oil? They made oil super cheap, researched new oils, basically were great for customers almost like Amazon - but they were monopolistic and were shattered for being so. Similar monopolies in the past like Bell Telephone or, arguably, Amazon now are great from the consumer's perspective but terrible for businesses.
In the past, we were less afraid to say, "you're doing great, but you're still too powerful."
- deleted 4y ago[deleted]
- simonh 4y agoI just don’t see a monopoly though. Apple has simply been successful, and there’s no anti-consumer angle to just making incredibly popular products. A big part of that popularity comes from the tight vertical integration. That’s why so many Apple users see this kind of talk as an attack on us, you want to make the things we like about these products illegal or commercially infeasible. I just don’t see how that is in our interests as consumers. If you want to use products that work a different way, fine, but I don’t see how that’s our problem.
- jacobr1 4y agoAnd it isn't like quality Android phones are somehow niche, hard to find, or cost more. The competitions is strong and Apple only maintains its lead (in fairly short 1-2 year product cycles) with innovation. If it stopped innovating or charging excessive amounts, they would lose their market share very quickly.
- jacobr1 4y agoWith the benefit of hindsight was breaking up Standard Oil worth it?
- threeseed 4y agoIt's this ridiculous "everything should be a market" concept. Would you expect a LG microwave to be forced to support other operating systems ? And how do warranties and support work for this.