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by berthe
2929 days ago
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>> If the Apple app store isn't a monopoly I don't know what is. > Microsoft had something like a 97% marketshare. Apple is nowhere near that. Whether a company is a monopoly or not seems to depend a lot how the market in question is defined, for instance: Apple has a 100% marketshare in the distribution of iOS apps. Monopoly-era AT&T had far less than a 100% marketshare in electricity-powered devices. |
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By the reasoning of your statement, all that's needed to establish a 100% monopoly is a sufficiently narrow definition of market. Walmart has a 100% monopoly on products (legally/officially) sold in Walmart stores. Do they have a monopoly as far as the FTC and courts are concerned?
https://www.ftc.gov/tips-advice/competition-guidance/guide-a...
EDIT: Fixed typo