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by jabirali
2131 days ago
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> They should create legislation to control access to all app stores to prevent this rent seeking Thinking a bit wider, the same legislation should affect e.g. how Amazon can treat people who sell on their platform. They are all monopsonies: “In economics, a monopsony is a market structure in which a single buyer substantially controls the market as the major purchaser of goods and services offered by many would-be sellers.” |
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