Apple was ordered on Wednesday to face a private antitrust lawsuit by payment card issuers accusing the company of thwarting competition for its Apple Pay mobile wallet.
The existence of other options isn’t sufficient defence against anti-trust suits. There are other options to Windows, but Microsoft has been the target of multiple anti-trust suits over the years.
Windows had a grater than 95% market share during their biggest anti trust suit.
There is no legal definition of a “legitimate monopoly.” 95% or 30% or even 0%. Anti-competitive practises which distort the market and prevent consumer choice are illegal. This has nothing to do with the market share Apple holds. It is about them restricting competition.
The existence of other options isn’t sufficient defence against anti-trust suits. There are other options to Windows, but Microsoft has been the target of multiple anti-trust suits over the years.
Windows had a grater than 95% market share during their biggest anti trust suit.
That’s a legitimate monopoly.
Apple is nowhere near a monopoly. There’s a plethora of competition.
There is no legal definition of a “legitimate monopoly.” 95% or 30% or even 0%. Anti-competitive practises which distort the market and prevent consumer choice are illegal. This has nothing to do with the market share Apple holds. It is about them restricting competition.