Please do us all a favour and go and read the Wikipedia article on anti-competitive behaviour and anti-competition laws before commenting.
And just in case you lack the mental faculties to actually parse that Wikipedia article, the key lesson we’re looking for you to learn is that you do not need a a monopoly to behave anti-competitively, you just need market power, and to abuse it in a way that avoids fairly competing on the merits of your product.
Apple forcing people to use their payment system for no reason other than it lets them make more money, is anti-competitive behaviour. They are not competing on the merits of the best payment system, they are using their dominant market share in phones to force people to use their payment system where they can charge whatever they want.
Quite frankly, there are a huge number of examples in society of companies behaving anti-competitively. It’s largely what happens when you let business people run things, since they can organize your company structure and reporting to be efficient, and then they run out of ideas for legitimate ways to improve the company’s products.
Anti-competitive tying is a long standing, textbook, example of anti-competitive behaviour, it’s just often not prevented in the US because US law basically requires you to have a full monopoly before anyone will do anything which is dumb as tits. It’d be like in hockey if the refs were only able to give you a penalty after all your opponents were too injured to play anymore.
It also ignores other ways of gaining and abusing market power. Walmart is the textbook example of a monopsony, where there market power comes not from being the only store, but the only customer, they are famous for using their size to crush and control their suppliers in ways that are flat out illegal in most of the western world.
At the end of the day, our economic system is based on the idea that people should compete to produce the best product or service, and then consumers will reward the best one with proportionally more resources based on which one is their preference (best, cheapest, etc.). That falls apart when you start using software to artificially tie every product to every other product. Suddenly AI can’t fairly compete to produce the speaker without also producing a phone, and watch, and laptop, and have everyone have a network of friends and family all also using those. It literally undermines the entirety of capitalism.
Please do us all a favour and go and read the Wikipedia article on anti-competitive behaviour and anti-competition laws before commenting.
And just in case you lack the mental faculties to actually parse that Wikipedia article, the key lesson we’re looking for you to learn is that you do not need a a monopoly to behave anti-competitively, you just need market power, and to abuse it in a way that avoids fairly competing on the merits of your product.
Apple forcing people to use their payment system for no reason other than it lets them make more money, is anti-competitive behaviour. They are not competing on the merits of the best payment system, they are using their dominant market share in phones to force people to use their payment system where they can charge whatever they want.
Quite frankly, there are a huge number of examples in society of companies behaving anti-competitively. It’s largely what happens when you let business people run things, since they can organize your company structure and reporting to be efficient, and then they run out of ideas for legitimate ways to improve the company’s products.
Anti-competitive tying is a long standing, textbook, example of anti-competitive behaviour, it’s just often not prevented in the US because US law basically requires you to have a full monopoly before anyone will do anything which is dumb as tits. It’d be like in hockey if the refs were only able to give you a penalty after all your opponents were too injured to play anymore.
It also ignores other ways of gaining and abusing market power. Walmart is the textbook example of a monopsony, where there market power comes not from being the only store, but the only customer, they are famous for using their size to crush and control their suppliers in ways that are flat out illegal in most of the western world.
At the end of the day, our economic system is based on the idea that people should compete to produce the best product or service, and then consumers will reward the best one with proportionally more resources based on which one is their preference (best, cheapest, etc.). That falls apart when you start using software to artificially tie every product to every other product. Suddenly AI can’t fairly compete to produce the speaker without also producing a phone, and watch, and laptop, and have everyone have a network of friends and family all also using those. It literally undermines the entirety of capitalism.
They don’t have dominant market share, so everything you just said is irrelevant.
[citation needed]
Where’s the source for your claim that they have a dominant market position?
The court ruling that we’re discussing.