3 ms·
> You can’t “just say no” to network effects, though Oh? So are you saying that monopoly power is a real thing, and that a company like Apple can extract a 30%
by stale2002 4y ago
> You can’t “just say no” to network effects, though
Oh? So are you saying that monopoly power is a real thing, and that a company like Apple can extract a 30% monopoly fee, because of this network effect?
The problem with this argument is that Apple fans on one hand have been smugly commenting for a decade, "go but an Android" or "just don't publish on the iPhone" .
And now, they are turning around and suddenly discovering what market power is.
If Apple had merely reduced their 30% fee to 5% from the beginning, we wouldn't be in the situation.
But thems the breaks. Now every Apple fans will have to hear the same exact argument, that they used against others, for a decade, thrown back in their face.