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As if having just two options were meaningful. Also, the phrase "dominant market position" or "oligopoly" is a mouthful so people just (incorrectly) say "monopo
by diffeomorphism 3y ago
As if having just two options were meaningful. Also, the phrase "dominant market position" or "oligopoly" is a mouthful so people just (incorrectly) say "monopoly" for short.
Though since even "literally" nowadays often means "figuratively" instead, you might as well say this is what the word means now.
- tinus_hn 3y agoiPhone has a global market share of about 20%, and only a small majority market share in ‘premium smartphones’ in the US. Nobody is forcing you to use an iPhone, billions do fine with the alternatives. Apple does not have a dominant market position, an oligopoly or a monopoly and certainly is not illegally abusing any monopoly power.