I mean, yeah. Different rules apply when you have market dominance.
That is not fair. It doesn’t need to be. Laws don’t exist to be fair, they exist to produce the most beneficial outcome for everyone involved in a given society (with yes, different weightings depending on political influence).
Usually, fairness is an overall beneficial property, which is why we expect laws to be fair, but with anti-competition laws that’s just not the case. Being unfair to the party with market dominance is beneficial to society.
I guess it matters how you calculate market dominance though. Devices sold? Revenue? Profit?
Apple is the most profitable smartphone manufacturer and has the most restrictive ecosystem. It has a complete monopoly on apps sold within its own ecosystem.
I think, it’s generally rather about devices sold than about the particular profit you draw from it, because if you only satisfy e.g. 30% of the demand, that still leaves plenty room for competitors to build up their business. But if you cover e.g. 90% of the demand, it becomes very hard for competitors to find customers.
But yeah, antitrust laws are very loosely laid out and pretty much entirely up for judges to make judgements.
I mean, yeah. Different rules apply when you have market dominance.
That is not fair. It doesn’t need to be. Laws don’t exist to be fair, they exist to produce the most beneficial outcome for everyone involved in a given society (with yes, different weightings depending on political influence).
Usually, fairness is an overall beneficial property, which is why we expect laws to be fair, but with anti-competition laws that’s just not the case. Being unfair to the party with market dominance is beneficial to society.
I guess it matters how you calculate market dominance though. Devices sold? Revenue? Profit?
Apple is the most profitable smartphone manufacturer and has the most restrictive ecosystem. It has a complete monopoly on apps sold within its own ecosystem.
I think, it’s generally rather about devices sold than about the particular profit you draw from it, because if you only satisfy e.g. 30% of the demand, that still leaves plenty room for competitors to build up their business. But if you cover e.g. 90% of the demand, it becomes very hard for competitors to find customers.
But yeah, antitrust laws are very loosely laid out and pretty much entirely up for judges to make judgements.