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Authored by: Tyro on Friday, October 26 2012 @ 08:08 PM EDT |
My definition, which is not the legal definition, is that more than 30% of the
market constitutes a monopoly. At such point the rules against running an
abusive monopoly should take effect.
N.B.: While I consider monopolies to be intrinsically bad, I will acknowledge
that there are "natural monopolies". All such should be extremely
tightly regulated, with the regulators forbidden to EVER accept any favors,
cash, or other remuneration (including a job) from those they either currently
or previously regulated.
Unnatural monopolies should be regularly broken up, with due care given to
ensure that nobody loses value. Unless they are determined to have been
abusive, in which case they should be dismantled into multiple totally separate
companies, not having even a single board member in common, and with no one of
them having over 10% of the market. (I think that's being generous.) Again,
the regulators should be prohibited from accepting any form of remuneration from
any of the companies regulated. This extends even to campaign contributions
should they decide to run for office. And it includes gifts as well as ALL
quid-pro-quo agreements.
So, do I feel Apple has a monopoly on tablets? I don't know. I haven't been
studying the market. But I sure wouldn't feel secure asserting that they
didn't.
(There's lots of sticky places here, e.g., "Just how do you define the
market?".)
N.B.: Consistent with my position about, I am opposed to patents UNLESS the
patent holder is under tight monopoly regulation. And even then I remain
dubious about their being a social good. Since Apple claims to control several
patents, I believe they should be regulated as a monopoly.[ Reply to This | Parent | # ]
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Authored by: PJ on Saturday, October 27 2012 @ 07:30 AM EDT |
You don't define a monopoly based on whether there
exists any competition.
Microsoft was and is a
monopoly in desktops, but there was always
some
competition.
It has to do with market share and dominance.
And
according to this report, Apple has more than a
60% share in
tablets. [ Reply to This | Parent | # ]
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