The Justice Department has announced a sweeping antitrust lawsuit against Apple, accusing the tech giant of engineering an illegal monopoly in smartphones that boxes out competitors and stifles innovation
No one said it’s a monopoly, and they’re not a monopoly, in the strictest sense, but:
It doesn’t have to be a monopoly to violate anti-trust laws.
Apple has an enormous market share of national and global OSs
It’s a Duopoly, since there is really only 1 other legitimate competitor for the OS.
And while I agree no one should buy Apple products, people continue to do so and that doesn’t mean they deserve to be forced into these arbitrary anti-competitive restrictions that benefit Apple exclusively, to the tune of tens of billions of dollars.
My mistake, then. You’re right, they are not a monopoly, again, in the strictest sense of the word.
Many people use “monopoly” to just mean “company with overwhelming market share”, and that is not correct, but it is unfortunately how it is colloquially used and likely what was meant in this context.
I don’t see how this was a monopoly though. Don’t like their phone? Buy a competitors.
No one said it’s a monopoly, and they’re not a monopoly, in the strictest sense, but:
And while I agree no one should buy Apple products, people continue to do so and that doesn’t mean they deserve to be forced into these arbitrary anti-competitive restrictions that benefit Apple exclusively, to the tune of tens of billions of dollars.
It’s in the title, the justice department said that. There’s no way they are a monopoly.
My mistake, then. You’re right, they are not a monopoly, again, in the strictest sense of the word.
Many people use “monopoly” to just mean “company with overwhelming market share”, and that is not correct, but it is unfortunately how it is colloquially used and likely what was meant in this context.
It is a moot point, regardless.
They don’t even have that. Android phones are really popular
Have what?
overwhelming market share
LOL of course they do.
google says 24 percent of the phone market.
Nobody is forced. You have language comprehension or usage issues.