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by arcticbull
1381 days ago
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A monopoly would require they control the entire market for a given product or service. Apple isn't a monopoly in any area - but they are a strong competitor in many areas. They're more like a western take on a chaebol [1] in my opinion. [1] https://en.wikipedia.org/wiki/Chaebol |
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New term: "Vertical Monopoly"